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Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to … new business models. This paper analyses the extent to which the use of AI contributes to the innovation performance of … firms. Based on firm-level data from the German part of the Community Innovation Survey (CIS) 2018, we examine the …
Persistent link: https://www.econbiz.de/10012502953
Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …
Persistent link: https://www.econbiz.de/10010307838
other firms in terms of the firms' processes, position, and path. We find that HCs' competitive strategy rests on technology … product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher …
Persistent link: https://www.econbiz.de/10012000571
Artificial Intelligence (AI) is often regarded as the next general-purpose technology with a rapid, penetrating, and … far-reaching use over a broad number of industrial sectors. A main feature of new general-purpose technology is to enable … of AI technology and estimate its productivity effects with a sample of German firms. We employ both a cross …
Persistent link: https://www.econbiz.de/10012876074
This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic … entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy : early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10010297455
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …
Persistent link: https://www.econbiz.de/10010302257
This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic … entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy : early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10005059052
YICs can be differentiated from New Technology Based Firms and small young firms in terms of growth, pointing to the …
Persistent link: https://www.econbiz.de/10010308750
costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … abroad range of manufacturing and service sectors and of which 86% are SMEs, we indeed find that increasing the share of … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …
Persistent link: https://www.econbiz.de/10011097460
costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … abroad range of manufacturing and service sectors and of which 86% are SMEs, we indeed find that increasing the share of … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …
Persistent link: https://www.econbiz.de/10010435446