Showing 1 - 10 of 36
A central feature of innovation systems is that innovation arises from interaction between organizational units. This … systems of innovation. …
Persistent link: https://www.econbiz.de/10005505049
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010877893
innovation. It employs an analysis of three types of embedding: institutional embedding, which is often localized, structural …. It employs results from earlier research in organizational learning and innovation, and in the management of inter …
Persistent link: https://www.econbiz.de/10005288403
This article provides empirical tests of the hypothesis of ‘optimal cognitive distance’, proposed by Nooteboom (1999, 2000), in two distinct empirical settings. Variety of cognition, needed for learning, has two dimensions: the number of agents with different cognition, and...
Persistent link: https://www.econbiz.de/10005288440
This article studies density and strength of ties in innovation networks. It combines issues of ‘competence’ with …
Persistent link: https://www.econbiz.de/10005288557
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
Persistent link: https://www.econbiz.de/10010836491
Persistent link: https://www.econbiz.de/10010836564
aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …
Persistent link: https://www.econbiz.de/10005835952
This article connects theory of learning with theory of governance, in the context of inter-firm relations. It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory. Two kinds of relational risk are identified: hold-up and spillover risk....
Persistent link: https://www.econbiz.de/10005795613