Small to medium enterprises (SME) are frequently associated with high levels of innovation. However, it is difficult … for such firms to fully assess the merits of a particular innovation. This study examined the risk-return profile of … future investment in innovation by SME with respect to anticipated ‘rent' or financial returns. A survey of highly innovative …

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 …

The paper investigates the patterns of persistence of innovation and of the properties of firms' knowledge base (KB …