Radical innovations require risk-taking. However, it is hard to find an objective measure for innovation investments … that would take riskiness into account. In this paper, we investigate how a simple measure of firms’ innovation investments …. We then build a simple model where firms’ innovation activities and firm risk are interrelated. We use the model to …

The importance of data and different sources of knowledge in the development of new services and products, and further … findings emphasize the role of a firms absorptive capacity and its ICT competence in data-based innovation. It seems that … customer involvement in innovation process positively relates to the production of new data-based products and services. The …

organizations in the Finnish innovation and business support system. Finpro regards its mission to include increasingly a role of an … are typically highly internationalized, innovative and knowledge-based. They use, more likely than Finnish firms on …

innovation and finds that they are qualitatively different from those found in earlier studies of more generally representative …, only the largest firms were likely to identify patents as the most important method of appropriating innovation returns … regarding the functioning of the existing systems of intellectual property rights when key policy goals include innovation by …

consider three factors that may affect the adoption decision : product complexity, architectural innovation and competency …