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environment that allows ideas to cross firm boundaries enhances the rate of innovation and creates a symbiotic relationship …
Persistent link: https://www.econbiz.de/10005789111
Innovative ideas are novel combinations of productive resources potentially addressing an economic need (Schumpeter, 1926). Even promising ideas can be unprofitable if the proposed combination fails on at least one dimension, e.g., it is technically unfeasible or does not respond to a genuine...
Persistent link: https://www.econbiz.de/10005792312