known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results …

importance of the interactions and linkages among acteurs and institutions involved in innovation and technology development of a … country and calls such a web of interaction a national innovation system. The theoretical and empirical analyses on national … systems of innovation lead to the conclusion that countries differ in the way in which knowledge flows and that innovation …

This paper examines how foreign-owned and domestically owned firms transform innovation into employment growth. The …, reveals important differences between the two groups: Due to general productivity increases and process innovation, foreign … innovation are larger for foreignowned firms. Together with employment-stimulating effects stemming from existing products, they …

A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …

Searching for externally available knowledge has been characterised as a vital part of the innovation process. Previous … and that these moderate the relationship between innovation inputs and outputs. Based on a sample of 4,500 firms from 13 …

-replacing technological change (RRTC) for Europe as a whole and at the level of 238 European regions. We develop and estimate a task framework …