Innovation has long been considered crucial for companies to gain a competitive edge in the global marketplace …. Unfortunately, a solid understanding of the system of innovation does not exist. The literature lacks formal definitions and … methodologies for the system of innovation. Many surrogates for innovation metrics have been posited in past research but none have …

Researchers have pointed to the dearth of innovation studies in the services sector relative to manufacturing (Prajogo … this paper, we offer a comprehensive framework for researching innovation in hospitality that comprises drivers of … innovation, innovation outputs, and their connections with business performance. The framework synthesizes the research in the …

innovation. In particular, industries whose younger firms depend more on external finance realize faster rate of technological …

Innovation comprises the processes of invention and commercialization. While the importance of innovation, especially … innovation and, in particular, builds on the evolutionary explanation of technology development, the Teecian framework on … profiting from innovation, Transaction Cost Economics (TCE), the Knowledge-Based View (KBV), and open innovation and innovation …