The concept of Open Innovation (OI) has breathed new life into both empirical research and industry practice concerned … stories. A unbalanced focus on successes leads to open innovation imperatives and the conclusion that, for most firms … relationships between innovation openness and its effects on project abandonment and delays. Using survey data from Belgium, we find …

From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent …

Skills shortage has become a key policy issue in highly developed and innovation-oriented economies, with non …-negligible consequences on firms' innovation activities. We investigate the effect of skills shortage on firms' innovation openness, which is … considered to be one of the key drivers of innovation performance. We hypothesize that scarcity of personnel causes firms to …

-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending … substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating ’Long–Covid’ effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …

at the intensive margin, i.e. our results do not suggest that non-innovative companies are deterred from innovation …

Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to … new business models. This paper analyses the extent to which the use of AI contributes to the innovation performance of … firms. Based on firm-level data from the German part of the Community Innovation Survey (CIS) 2018, we examine the …

challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …

patent collateral and access to capital. We make use of mandatory collateral registry data in Sweden and the Netherlands to … construct panels combining firm-level financial data and patent measures. Estimating conditional difference …-in-difference regressions on firms' debt allows deducting treatment effects of using patents as collateral. We find that patent pledging enables …