imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …

innovation that illustrates an endogenous process of internal competition. This often political and contentious process can have …

We propose a simple model where the innovation rate of a technological domain depends on the innovation rate of the … predictability of innovation rates can be boosted substantially when network effects are taken into account. In the case where a … technology's neighbourhood further innovation rates are known, the average predictability gain is 28% compared to simpler time …

The main aim of the paper is to assess the innovation gap between the national innovation systems (NIS) of the European … as the assessment of the innovation gap between the national innovation systems of the EU and the average level of … Union (EU) and the average level of innovation of EU economies. The study takes into account NIS identified in the …

the evolution of technological systems and waves of innovation. By use of computational statistics, logistic growth … model of innovation cycles are addressed in the paper as well. Key words: Schumpeterian perspectives, Innovation cycles …

This paper studies the asset pricing implications of technology spillover, an important externality in innovation … firms. These findings highlight the importance of innovation externality on stock returns …