To innovate, firms constitute a ‘knowledge-capital’, defined as a set of information and knowledge produced, acquired and used in the value creation process. In this paper, we focus on small and medium-sized companies (SMEs) and study their ability to develop their own knowledge-capital as...

In recent decades firms have intensified the exploration of external sources of knowledge to enhance their innovation capabilities. This paper presents an empirical analysis of the factors that affect the importance of academic knowledge for firms’ innovative activities. An integrated approach...

The new type of industrialization called Industry 4.0 is gaining increasing importance for manufacturing and service firms alike. Industry 4.0 is characterized by the interconnection between different information and communication technologies and between production facilities such as machines,...

This paper reviews existing innovation metrics at the company-level and country-level, and proposes a system of signposts of innovation to help executives with a guiding framework and data resources for evaluating and planning innovation strategies and activities. The scope of the review is...

The Time-to-Market in the presence of a window of opportunity is analyzed using a probabilistic model; i.e.; a model where the completion time of new product development is a random variable characterized by a gamma distribution. Two cases are considered: the first, a case where the discounted...

This paper reviews the main contributions of organisational innovation in the literature towards bringing a sustainable organisation and development. The review basically illustrates four main interrelated concepts: organisational innovation, organisational performance, sustainable organisation...

This paper analyzes the role of regional characteristics on innovation persistency among firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a ten-year period, i.e. between 2002 and 2012. On the one hand, we distinguish...

A better understanding of the relational antecedents of innovation in family firms is central to explaining their long-term success and survival. Our study proposes an original model that shows that the internal social capital of non-family members does not always foster innovation directly as...

This paper examines the impact of internal competition that occurs when new technology challenges the technology in a firm's existing products. New-technology development projects are traditionally judged by market success - and most fail. If we examine their impact on existing-technology...

An interesting problem in management of technology and economics of innovation is how to explain the sources of some breakthroughs in research organisations. The present study confronts this problem by analysing the main determinant of the discovery of quasi-periodic materials that has generated...