We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …

being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …

ISTAT, the National Institute of Statistics, including data from three waves of Community Innovation Surveys. The model we … effects of innovative efforts, and the feedbacks between economic success and the ability to sustain innovation expenditure. …

&D, innovation and economic performance, considering the impact of innovation of export success. We develop a simultaneous three … dynamics of innovation and export performance: first, the capacity of firms to translate their R&D efforts in new products …; second, the role of innovation as a determinant of export market shares; third, the export success as a driver of new R …

proposed as a key tool for identifying common characteristics and diversities in patterns. An extensive analysis of Innovation … Survey data, on sources, objectives, inputs and outcomes of innovation, allows us to test alternative industry groupings … relationship between innovation and performance. As industries' classifications has changed from NACE Rev.1 to NACE Rev.2 in 2008 …