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findings emphasize the role of a firm's absorptive capacity and its ICT competence in data-based innovation. It seems that … customer involvement in innovation process positively relates to the production of new data-based products and services. The … reported empirical findings further indicate that data-based product and service innovation tends to be rather strongly demand-driven. …
Persistent link: https://www.econbiz.de/10010326898
This paper offers a sketch of what an economic theory of the firm would look like if it were founded on the thought of Joseph Schumpeter, particularly on Chapters 1-2 of his Theory of Economic Development. Schumpeterian analysis requires an intuitively appealing and realistic conceptualization...
Persistent link: https://www.econbiz.de/10010331098
The main focus of this paper is on the examination of the role and importance of innovation networks in the decision to … innovation intensity, the implications resulting from the involvement of ?start-ups? in a network of innovation are more closely … analyzed. The examinations show, on the one hand, that contact to innovation networks has a positive effect on the decision …
Persistent link: https://www.econbiz.de/10010262996
, which only holds in the long-term but not in the short-term. Further, we find support for a moderating effect of innovation … in the long-term, innovation mediates the ESP-CFP relationship suggesting that innovation should be considered as a long …
Persistent link: https://www.econbiz.de/10010325873
The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10010297537
known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …
Persistent link: https://www.econbiz.de/10010298788
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 … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …
Persistent link: https://www.econbiz.de/10010307838
This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm's distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...
Persistent link: https://www.econbiz.de/10010328409
The impact of innovation on firm performance has been a matter of significant interest to economists and policy makers … for decades. Although innovation is generally regarded as a means of improving the competitiveness of firms and their … increased productivity. Therefore, in recent years, the relationship between innovation and firm performance has been modelled …
Persistent link: https://www.econbiz.de/10011430855
This paper views authority as the right to undertake decisions that impose externalities on other members of the organization. When only decision rights can be contractually assigned to one of the organization's stakeholders, the optimal assignment minimizes the resulting inefficiencies by...
Persistent link: https://www.econbiz.de/10010299085