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

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 …

This paper seeks to explore the types of innovation that are predominant in SMEs in developing countries and to … investigate the impact of these innovations on different dimensions of firm performance based on an industry-wide innovation … survey carried out in Nigeria in 2007. Although innovation is important for superior firm performance, our result found that …

This chapter seeks to make some contributions to the literature on firm-level innovation in Africa by attempting to …-wide study. We focused on the product and process innovation activities of firms between 2003 and 2006 and found differences in … the factors that drive them at the firm level. Our results further show that interactions matter more than most innovation …

Innovation process represents the long wave of value creation and it is the main powerful driver of future economic … of Science, Technology and Innovation and discusses the factors militating against the translation of scientific R … importance of institutional framework and knowledge pool in the process of building indigenous innovation capability for national …

This study explored the factors that explain innovation capability in SMEs in developing countries. This is important … manufacturing firms in Nigeria. The important factors that accounted for innovation performance were firm-level leadership and use … improved innovation capability. …