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Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
Innovation is becoming the most important key issue for company's success in the 21st century. In the competitive … accepted that innovation can be better achieved by working in team particularly in the virtual environments. The employed web … findings. Virtual teams base on information technology are formed to facilitate transnational innovation processes and it …
Persistent link: https://www.econbiz.de/10008753083
Innovation plays a central role in economic development, at the regional and national level. In the competitive … innovation and the strategic objectives that have been set, firms will regularly have to modify the way in which their R&D and … innovation are organized. Nowadays, shift from serial to simultaneous and parallel working in innovation has become more …
Persistent link: https://www.econbiz.de/10008777361
Innovation process represents the long wave of value creation and it is the main powerful driver of future economic … of Science, Technology and Innovation and discusses the factors militating against the translation of scientific R … importance of institutional framework and knowledge pool in the process of building indigenous innovation capability for national …
Persistent link: https://www.econbiz.de/10008680983
This chapter aims to provide a review of the literature on innovation in services and to focus on the analytical … strategies carried out in order to fill in the innovation gap in the service economy (i.e. the difference between what the … traditional innovation indicators are capable of capturing, and the reality of innovation activities undertaken in a given economy …
Persistent link: https://www.econbiz.de/10011170130
This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
This study analyzes the effects of inflation on the long-run nexus between unemployment and economic growth. We … opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …-market tightness and increases unemployment. In summary, the model predicts a positive relationship between inflation and unemployment …
Persistent link: https://www.econbiz.de/10011118529
This paper analyzes the impact of Research and Development (R&D) on the productivity of China's high technology industry. In order to capture important differences in the effect of R&D on output that arise from geographic and socioeconomic differences across three major regions in China, we use...
Persistent link: https://www.econbiz.de/10009216349
The decision to cooperate within R&D joint ventures is often based on `expert advice.' Such advice typically originates in a due diligence process, which assesses the R&D joint venture's profitability, for example, by appraising the achievability of synergies. We show that if the experts who...
Persistent link: https://www.econbiz.de/10009295282
In the Lisbon strategy, Member States committed to making structural reforms to their economies. Within this context, the European Council called for R&D investment to approach 3% of GDP by 2010, of which 2% should come from private sector. At the moment, in Italy R&D investment represents 1,2%...
Persistent link: https://www.econbiz.de/10008596396