The emergent business model literature, revolving mainly around the mechanisms through which new business models create and deliver value, has left the value capture challenge under-explored. This paper examines how an incumbent firm profits from business model innovation through the study of...

This study examines the effects of cream skimming using telematics devices on the automobile insurance market. Insurers can directly monitor insureds’ cars for risky driving behaviors, such as speeding, hard braking, and quick acceleration. These observations make the information symmetric...

This paper investigates some crucial aspects of the recent development of industrial districts in the Emilia-Romagna region of Italy, where this type of spatial agglomeration of industrial firms has flourished since the period immediately after the Second World War. In particular, it is aimed at...

The microeconomic empirical literature devoted to the link between innovation and employment tends to suggest that technological change has a positive effect on jobs, at least at the level of the firm. The main purpose of this paper is to see whether this result still holds in a situation where...

The aim of this paper is to test whether patent-based indicators are still reliable measures of innovativeness in light of organizational changes in the field of Intellectual Property Rights (IPR) protection and the regulatory reforms already under way respectively at the U.S. Patent and...