Economists studying innovation and technological change have made significant progress toward understanding firms …' profit incentives as drivers of innovation. However, innovative performance in firms should also depend heavily on the …

This article is a review of work published in Management Science on the topics of technological innovation, product … addressed in Management Science in the area of innovation. Second, we hope that the article will be useful to sociologists of …

errors. Momentum arises from the investor gradually learning about the relative accuracy of the information sources and …

Total productivity learning curve results are reported for several departments of an electronic equipment manufacturer … behavioral and cognitive determinants of considerable diversity across departments in learning curve parameters. The field … investigation suggested that three forms of shared learning are critical to manufacturing productivity improvement: (1) sharing …

innovation and competition. The model is built on the assumption of a product market and has not yet been tested on the service … for exporting service-sector firms. A further breakdown of innovation expenditures shows that the inverse U-shaped pattern … competitors. The behavior of large firms can partly be due to their superior capacity to handle innovation projects internally …

When firms enjoy increasing returns in presence of a high rate of innovation, competition may obtain due to the …