External innovation increases the profits of the median firm, but also increases dispersion and the kurtosis of the … evidence that the rewards from innovation are positively skewed, we find no effect of innovation strategies upon the skewness …

The innovation value chain (IVC) divides the innovation process into three separate links or activities: knowledge … Ireland and Switzerland. Both economies are small, very open and depend significantly on innovation to maintain competitive … advantage. In recent years, however, R&D and innovation growth in Ireland has been markedly stronger than that in Switzerland …