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Multi-staged R&D projects are copy-book cases of compound real options. Traditional compound option models assume a constant volatility over the lifetime of the project. Building on the n-fold compound option model of Cassimon et al. (2004), we extend this model to allow for phase-specific...
Persistent link: https://www.econbiz.de/10011109668
behind the Park as well as the effects of its operation. The author also describes the role of innovation as the main …
Persistent link: https://www.econbiz.de/10009147919
the main objectives for innovation at organizational level. This paper investigates the most important objectives for … innovation in Romania and in the European Union, aiming to find out what are the main challenges innovative enterprises have to … and structural levels. Therefore we have extracted the most important three highly important objectives for innovation …
Persistent link: https://www.econbiz.de/10010685458
Financing has been considered as a critical requirement for firm innovation projects. However, these projects are …
Persistent link: https://www.econbiz.de/10010280535
Economic globalization has rendered innovation policy as the main instrument for improving —or keeping— the threatened … competitiveness of firms and regions. This article analyzes the level of innovation in Spain, the role played by Information and …, Development and innovation Programmes. …
Persistent link: https://www.econbiz.de/10010992092
considered as a critical requirement for firm innovation projects. However, these projects are typically characterized by a high …
Persistent link: https://www.econbiz.de/10010850488
A strong innovation performance based on R&D, product development and the implementation of advanced production … offshoring on R&D and innovation activities of the firm in the home country. The analysis is based on a dataset of more than 3000 … manufacturing firms from seven European countries. We employ propensity score matching to compare R&D and innovation activities of …
Persistent link: https://www.econbiz.de/10010856815
firm’s environmental innovation performance. However, the literature suggests that R&D collaboration is not always … beneficial. Therefore, a more elaborated analysis of the effects of R&D collaborations on a firm’s environmental innovation … a firm’s environmental innovation performance. In addition, this paper addresses the question of whether the diversity …
Persistent link: https://www.econbiz.de/10010857354
This article proposes a model to characterize national innovation systems, and applies it to four outstanding countries … innovation development; and policies that foster, finance and control innovation at the national level. We identify similarities …
Persistent link: https://www.econbiz.de/10010885011
-Wydler Act of 1980, the R&E Tax Credit of 1981, the Small Business Innovation and Development Act of 1982, and the National …
Persistent link: https://www.econbiz.de/10010886041