Innovation and new product development (NPD) are critical to firm success and are often cited as means to a sustained … competitive advantage. Unfortunately, the question of which innovation programs to pursue and how they should be funded is not …

innovative counterparts appear to have the same need and capacity to absorb knowledge spillovers in technology clusters. Further … which suggests an asymmetric need for knowledge spillovers by these firms. Furthermore, serial innovator firms seem to be … differences across industries can be noted. This again indicates an asymmetric use and need for academic knowledge spillovers and …