their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …

innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …

Innovation, and more specifically national similarities in relation to (a) trade and economic size and (b) sectoral … ; National Systems of Innovation ; Complementarity public and private R&D ; Spatial interactions ; EU countries ; spatial dynamic …

forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics … returns. As summarized in this essays Part One of the Manual addresses in the foregoing perspective, (i) Innovation and … reader is warned against multiple risks of ''normalization'' by which 'evolution' is reduced to sheer 'innovation', and the …

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …