-based family of products or processes. A comparison of the numerical solution for a model with incremental product innovation, and … that with incremental process innovation, reveals that the central difference between the two is reflected in the optimised … production plan. In either case, the optimal research plan is characterised by an initially high but declining rate of investment …

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 …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 …We refine modelling of the radical innovation decision in this paper by extending real option theory to include non …

process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … innovation. This notsignificant effect of product innovation contrasts with evidence of studies for other countries. However, the …

its various socioeconomic dimensions concludes that nanotechnology is rightly viewed as a key innovation. It can be used … pharmaceuticals, vehicle manufacture and environmental and energy technology. Despite the high degree of uncertainty surrounding …

If the relation between investment and economic growth is well established in the macroeconomic literature, the … linking investment and firm performance in the French and Italian manufacturing industries. It does so by putting forth a … novel methodology to identify investment spikes that corrects for size dependence. While maintaining the desired properties …

of the SMM criterion function. We illustrate the use of our method by estimating a neoclassical model of investment for a …

A strong innovation performance based on R&D, product development and the implementation of advanced production … offshoring on R&D and innovation activities of the firm in the home country. The analysis is based on a dataset of more than 3000 … manufacturing firms from seven European countries. We employ propensity score matching to compare R&D and innovation activities of …

The object of research is investment and innovation activity as a component of modern medical management. One of the … health care institutions based on the use of investment and innovation tools.In the course of the study, the following … development of investment funds, which will become the basis for the creation of a high-tech modern base of medical equipment and …