Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar …

Open source is key to innovation, but we know little about how to incentivize it. In this paper, we examine the impact …'s launch. The second is that the actual receipt of sponsorship has a long-lasting negative effect on innovation, as measured by …

Knowledge can be classified into (i) explicit, which can be easily recorded (e.g., books) and (ii) tacit, which cannot … be always articulated. However, much of this tacit knowledge can be shared. The conversion of tacit knowledge into … explicit knowledge is called externalization. Farmers possess both kinds of knowledge. Scientists often pre-determine ignorance …

We study the relationships between corporate R&D and three components of public science: knowledge, human capital, and … established firms, which account for more than three-quarters of business R&D, is affected by scientific knowledge produced by … innovation in firms. However, inventions from universities and public research institutes substitute for corporate inventions and …