Future-orientation or innovativeness is a leading credo in the EU’s economic policy agenda of the 21st century. It started in the year 2000 with the Lisbon Agenda, the first 10 years plan in which Europe should have become the most competitive and dynamic knowledge-based economic region in the...

In modern growth or development theory innovation is a crucial factor which pushes the dynamics of an economy and determines its success in the future. Out of innovations, created in the presence, the potentials for the future of a country are prepared, deciding how its economic fitness and...

In modern growth or development theory innovation is a crucial factor which pushes the dynamics of an economy and determines its success in the future. Out of innovations, created in the presence, the potentials for the future of a country are prepared, deciding how its economic fitness and...

COVID-19 has a negative impact on business performance through anti-contagion regulations and consumers’ self-restraints. It is especially serious in specific service industries such as hospitality, tourism, entertainment, and cultural industries. Empirical studies have been carried out on the...

Using the USPTO patent database, this study empirically unpacks the black box of the firm age effects on innovation. We directly measure a potential mediating variable, the extent of firms’ reconfiguration of R&D portfolios (which we call firms’ own R&D proximity). We find that higher R&D...

In Japan's response to coronavirus disease 2019 (COVID-19), virus testing was limited to symptomatic patients due to limited testing capacity. This made it difficult to get a complete picture of the infection, and it is still making it difficult to assess the appropriateness of various...