To tackle the European Union's innovation system weaknesses in the commercialization of the research results, in 2009 the European Commission (EC) has launched an open call for the creation of 2-3 Knowledge and Innovation Communities (KICs), the operative level of the European Institute of...

The chapter presents an overview of the emerging field of behavioral innovation economics, which is the application of behavioral economic theory and principles to the subject matter of innovation economics (also known as Schumpeterian or evolutionary economics). A behavioral innovation...

Previous literature finds that larger downstream markets fuel the innovation of new technologies by incentivizing firms to spend more on R&D. Our evidence shows that larger markets also increase the extent of licensing-based cooperation between upstream innovators and downstream commercializers....

The ability to develop a work environment climate supporting technological innovation does not occur suddenly or unexpectedly. The objectives of this paper is to assess the technological innovation climate in one of the largest oil and gas company in the world, to compare the results with...

Purpose: Over time, technological intensity has been used as a proxy for innovation capability of firms in an industrial sector. However, not only firms belonging to the stratum of high technological intensity are able to innovate. Therefore, this study aims to explore a potential association...

The topic of innovation as a source of competitive advantage for firms is consolidated in the literature. An innovation-based advantage is generally achieved by following a structured process, in which technological capability plays a key role. However, a question remains in studies into...

This paper explores 3 topical subjects – scenarios, innovation and converging technologies – and uses two case studies to describe how scenario techniques were used to facilitate innovation in a white biotech company and to reveal the innovative possibilities of converging technologies for a...

Whether entrepreneurial firms discover or create opportunities is a classic debate, here explored in the context of disruptive innovations. In this paper we reframe the question to focus not on the nature of entrepreneurial opportunity but on how and for whom entrepreneurs undertake disruptive...

Airplanes were invented by hobbyists and experimenters, and some personal computers were as well. Similarly, many open-source software developers are interested in the software they make, and not focused on profit. Based on these cases, this paper has a model of agents called tinkerers who want...