In 2020, firms expected their innovation expenditures to decrease by about 2% in 2020 compared to 2019. This decline is much smaller than that in 2009 following the financial crisis, when innovation expenditures fell by 11%. However, smaller firms with 5 to 99 employees planned to cut their...

It is discussed whether hybrid strategies are beneficial or detrimental to a firm’s performance, because hybrid strategies lead to organizational tensions that arise from the simultaneous pursuit of distinct strategic activities. However, existing studies on the relationship between hybrid...

The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage for multinational corporations. The success of these engagements depends heavily on tapping host country pools of localized expertise. To achieve this foreign subsidiaries have...

This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small and medium-sized firms (SMEs). While there is little doubt about the significance of technology competence for generating successful innovations, inhouse R&D activities may be a...

Searching for external knowledge has frequently been characterized as crucial for firm success. However, little is known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms need to specialize their search strategy and that its...

The research was motivated by the importance of inter-firm collaboration within service innovation. Inter-firm collaboration covers a broad range of organizational combinations of various size and motivations in various levels of formal agreements. The book chapter will explore the choice of...

Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly novel, i.e. new to the market. The effect of...

Fernsehen in hochauflösender Qualität könnte jetzt vor dem Durchbruch in Deutschland stehen. Leider blockieren sich derzeit im Bereich der privaten Free-TV Fernsehsender und der Netzbetreiber die Akteure gegenseitig. Dabei sollen Verschlüsselung und digitales Rechtemanagement die Basis...

Während sich Unternehmen die Möglichkeiten der vernetzten Informations- und Kommunikationstechnologie für die gemeinsame Entwicklung neuer Produkte zunutze machen, stellen sich gleichzeitig Fragen nach dem Schutz von vertraulichen Informationen und Wissen. Um ihre ungewollte Verbreitung zu...