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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 …
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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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: 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 …
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Firms can enhance product innovation performance by continuously staying in touch with customers and the market in … used in product innovation, the nature of market knowledge that is specifically important in the chemical industry remains … more relevant. This study uses a multiple case study of six product innovation projects in six different companies to …
Persistent link: https://www.econbiz.de/10014185107
Understanding the long-term patterns of innovation in energy technologies is crucial to informing public policy … planning in the context of climate change. This paper analyzes which of two common models of innovation over the technology … life-cycle – the product-process innovation shift observed for mass-produced goods or the system-component shift observed …
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