innovation projects affects the innovation output of firms differently depending on firm characteristics and ambitions. In … particular, while staged project management increases the effect of innovation expenditures on new product sales for firms …, resource-constrained firms using staged project management are shown to abandon a larger share of their innovation projects and …

Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its … project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation … hand, research on absorptive capacities finds that previous innovation experience translates into superior ability to value …