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The purpose of this paper is to define innovation and to proffer evidence of its existence through the use of statistical method and mathematical modeling. Innovation is defined by the confidence interval of the normal probability distribution density where μ ± 2σ = 0.95 leaving a room of...
Persistent link: https://www.econbiz.de/10014157894
Innovation is an increasingly relevant concept for the success of any organization, but it also represents a set of internal and external considerations, barriers and challenges to overcome. Along the concept of innovation, new paradigms emerge such as open innovation and co-creation that are...
Persistent link: https://www.econbiz.de/10014131990
The purpose of this study is to examine the influence of entrepreneurial capability and innovation capability on sustainable organization performance, as well as to explore the role of innovation capability as a mediator in the relationship between entrepreneurial capability and sustainable...
Persistent link: https://www.econbiz.de/10014366059
For the past century economists have proposed a suite of theories relating to industrial dynamics, technological change and innovation. There has been an implication in these models that the institutional environment is stable. However, a new class of institutional technologies — most notably...
Persistent link: https://www.econbiz.de/10012899589
Different forms of innovation management are associated with specific institutional contexts. Christensen et al (2001) argued that because firms in the United States have the capability to nurture disruptive technologies, they have been highly successful. Whitley (2002) argued that because of...
Persistent link: https://www.econbiz.de/10014026142
Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly novel, i.e. new to the market. The effect of...
Persistent link: https://www.econbiz.de/10009424123
Familienunternehmen gelten in der öffentlichen Wahrnehmung als besonders innovativ und als "Hidden Champions" der deutschen Wirtschaft. In jüngster Zeit widmen sich Forscher vermehrt der Überprüfung dieser These und kommen zu diametral unterschiedlichen Ergebnissen. Einerseits wird...
Persistent link: https://www.econbiz.de/10009514503
This contribution analyzes two sides of managerial strategic decisions on innovation: first the choices regarding innovation modes, second the choices concerning innovation outcomes protection/accessibility (IP strategy). Literature on innovation management treats these aspects in a somehow...
Persistent link: https://www.econbiz.de/10013070039
This paper provides first empirical evidence of the joint effects that innovation strategies and human resource management practices exert on firm growth. By exploiting unique information from a large sample of Italian manufacturing firms in the very recent years, it shows that investing in...
Persistent link: https://www.econbiz.de/10012900153
We show that technology spillovers shift the composition of corporate research and development (R&D) by promoting innovation based on the exploitation of existing knowledge, while disincentivizing innovation that explores new areas and breaks new ground. Accordingly, firms facing large...
Persistent link: https://www.econbiz.de/10012900964