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In this article, we review current rationales for policy intervention in innovative activities. Focusing particularly on market and system failure rationales, we disentangle related underlying mechanisms for knowledge exploration and exploitation. We provide a novel contribution to the system...
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This study examines the role and differential impact of industrial clustering in the internationalization of small technology-based firms. Serial innovator firms are a set of small, long-lived technology-based firms with a stellar record of inventive success. In contrast, non-serial innovators...
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