that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

organization. Finally, we discuss several directions for future research in this increasingly important area of innovation and …

innovation by enabling firms to invest in promising new R&D projects as soon as they are discovered, or to maintain R&D during … uncertainty, thus driving more commercially valuable innovation. This is one of the few studies providing empirical evidence of …

Valley, respectively, these IC firms can easily imitate any innovation through the interactions among intra-industry firms …. The contribution of intra-industry innovation development to firms' technological advancement is defined as the "spillover … effect". This paper compares how the innovation characteristics and industrial clustering influence the spillover effects …

Innovation is of vital importance, not only to commercial companies, but also to governments. For the Dutch, innovation … evaluation of a water innovation program carried out by the Dutch government, using the cyclic innovation model, shows that there … is a broad understanding of innovation, that innovators see innovation as a significant break from the "old" and …