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complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for …-firm innovation network. We build an extended inter-firm n-player game based on nonidealized conditions, describe four investment … strategies and simulate the strategies on an inter-firm innovation network in order to compare their performance. By analyzing …
Persistent link: https://www.econbiz.de/10011418694
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 … attractive for private entrepreneurs. -- radical innovation ; innovation ; entrepreneurship ; investment ; R&D ; risk ; real …
Persistent link: https://www.econbiz.de/10009729702
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/10013083098
This study analyses 1400 research projects of the top 20 R&D-spending pharmaceuticals to identify the determinants of successful research projects. We provide clear evidence that externally sourced projects and projects involving biotechnologies perform better than internal projects and chemical...
Persistent link: https://www.econbiz.de/10011374419
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
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This paper studies the asset pricing implications of technology spillover, an important externality in innovation … firms. These findings highlight the importance of innovation externality on stock returns …
Persistent link: https://www.econbiz.de/10012854307
: commercialization of innovation and internationalization. In terms of research methods, a systematic literature review, based on the 91 … innovation through internationalization have indicated that this issue is still in a premature phase but with an upward trend of …
Persistent link: https://www.econbiz.de/10012221381