-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

defence firms will progressively become more efficient, less dependent on public procurement and innovation policy support …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

The article discusses recent advances and future challenges in innovation studies. First, it separately considers four … main strands of research, studying innovation at the organisational, systemic, sectoral and macroeconomic levels. Then … technological and institutional change; the role of demand; and the impacts of innovation on individual and collective welfare …

of a country grows over time as a function of three main factors: its innovation intensity, its technological … up have generally improved, the increasing innovation gap represents a major factor behind the observed differences in …