While several studies have investigated the relationship between internal and external sources of innovation, no clear-cut result has emerged so far, suggesting the possibility that the nature of such interaction-far from being an absolute property of the innovative process-may instead be a...

This article shows how in-house R&D may play a role in affecting innovative output beyond its direct impact and its indirect effect through absorptive capacity, generating additional synergies that amplify the impacts of innovative inputs other than R&D itself.

The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction" from simple "turbulence"; 2) the different...

The aim of this paper is to provide an updated survey of the "state of the art" in entrepreneurial studies with a particular focus on developing countries (DCs). In particular, the concept of "entrepreneurship" is critically discussed, followed by a discussion of the institutional,...

Studies find that technological change has contributed to the decline in manufacturing and to persistent unemployment in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of new firms, new sectors, and thus new jobs. But even for...