Based on collaboration rather than competition, Open Source Software provides a new dynamic in the development and use of software systems. As such it has the potential to make a significant legal, social and economic impact on the industry. While its origins trace back to the start of the...

A better understanding of Open Source Innovation in Physical Product (OSIP) might allow project managers to mitigate risks associated with this innovation model and process, while developing the right strategies to maximise OSIP outputs. In the software industry, firms have been highly...

Open innovation is a powerful framework encompassing the generation, capture, and employment of intellectual property at the firm level. We identify three fundamental challenges for firms in applying the concept of open innovation: finding creative ways to exploit internal innovation,...

A detailed survey of 498 “high tech” SMEs in the Netherlands shows process innovation by user firms to be common practice. Fifty four percent of these relatively small firms reported developing entirely novel process equipment or software for their own use and/or modifying these at...

The present work is dedicated to theoretical aspects of long-term evaluation with a focus on time and uncertainty structure. Motivated along the lines of global warming, the analysis renders contributions to the fields of environmental economics, decision theory, the economics of sustainability...