We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain … attractive for private entrepreneurs. -- radical innovation ; innovation ; entrepreneurship ; investment ; R&D ; risk ; real …

we contribute to the debate on HCAI by arguing that public procurement and innovation (PPaI) can be used to incentivize … with calls for mission-oriented and challenge-led innovation policies. Our paper also contributes to the emerging …

- innovation and trade - are in danger of being compromised by the COVID-19 pandemic, under conditions increasingly reminiscent of … the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate …. The COVID-19 pandemic may cause a permanent reduction in innovation and entrepreneurship and may even bring the 4th …