Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by the incumbents' desire to prevent rivals from acquiring...

This book is the final report of the ECLAC-IDRC project Observatory for the Information Society in Latin American and the Caribbean (OSILAC), Third Phase”. OSILAC III is a cooperating project between the International Development Research Centre (IDRC) and the Division of Production,...

Business processes undergo standardization. This standardization is achieved through domination, confrontation and incorporation, means that have their origins in methods like Taylorism, reengineering or the implementation of tools such as ERP systems. Prescription and standardization of...

The paper characterizes main trends in ICT implementation and diffusion in the CEE countries in terms of market volume, its dynamics, economic development and ICT trade integration within the EU market. This gives support to the hypothesis of gradual closing up of technology gap in ICT sector...

This research proposes an empirical approach to assess the impact of ICT on the level of innovation in Latin America and the Caribbean, considering the existence of economic factors and institutional business environment that contribute to the development of innovation activities to this end an...

This work provides a deeper account of an increasing phenomenon characterising the European Union in recent years, i.e. software patenting. To this purpose we present a novel database of software patents providing a reliability check. According to that, more than 30 000 software patents have...

R&D incentives of new entrants to a market may be shaped by the prospects of being acquired by an incumbent. In this paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage, firms compete to develop innovations of high quality. They...

In this paper, we examine firm innovation and its link to firm growth. Instead of using the conventional conceptualization and operationalization of innovation in terms of the R&D budget, we use a more elaborate 12-dimensional conceptualization, which takes into account also the...

Although there is growing evidence on the role of agglomeration economies in the formation and growth of firms, both the concepts of agglomeration economies and entrepreneurship tend to be ambiguously defined and measured in the literature. In this study, we aim to improve the conceptualisations...