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The contribution of corporate ventures to radical innovation

Czarnitzki, Dirk; Dick, Johannes M. H.; Hussinger, Katrin - 2010

Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …

Persistent link: https://www.econbiz.de/10010302257

The radical innovation investment decision refined

Bilkic, Natasa; Gries, Thomas; Naudé, Wim A. - 2013

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 …

Persistent link: https://www.econbiz.de/10010293106

Private versus Social Incentives for Pharmaceutical Innovation

González, Paula; Macho-Stadler, Ines; … - 2015

We provide a theoretical framework to contribute to the current debate regarding the tendency of pharmaceutical companies to direct their R&D toward marketing products that are “follow-on” drugs of already existing drugs, rather than toward the development of breakthrough drugs. We construct...

Persistent link: https://www.econbiz.de/10011431208

Exploitation of architectural knowledge and innovation

Han, Junghee - In: Journal of Open Innovation: Technology, Market, and … 3 (2017) 15, pp. 1-15

Knowledge across several segments appears to be a necessary ingredient to innovation in the case of an architectural … exploitation of accumulated knowledge leads to architectural innovation. Ironically, in the new development of products with a … short life cycle, when a firm discards its accumulated knowledge, innovation can be the result. After architecture …

Persistent link: https://www.econbiz.de/10012617181

Radical or incremental: Where does R&D policy hit?

Beck, Mathias; Lopes-Bento, Cindy; Schenker-Wicki, Andrea - 2014

substitution effects or general innovation outcome measures, but we are interested in knowing where the policy effect is highest …: on innovation close to the market (i.e. incremental innovation) or on innovation that is still far from the market and … market failure is highest, that is, for radical innovation. Taking into account that the Swiss funding agency encourages …

Persistent link: https://www.econbiz.de/10010435445

Regional Growth Regimes Revisited - The Case of West Germany

Fritsch, Michael; Mueller, Pamela - 2004

characterized by different growth regimes in which new firms and entrepreneurship assume different roles and accordingly lead to … durch unterschiedliche Wachstumsregime gekennzeichnet sind in denen Gründungen und Entrepreneurship unterschiedliche Rollen …

Persistent link: https://www.econbiz.de/10010261485