We show that, in the case when innovations are for sale, increased product market competition, captured by reduced product market profits, can increase the incentives for innovations. The reason is that the incentive to innovate depends on the acquisition price which, in turn, might increase...

According to Schumpeter, the creative process of economic development can be divided into three distinguishable stages of invention, innovation (commercialization) and imitation. We show why there is a rationale for the Schumpeterian entrepreneur to also include the inventor in the innovation...

The study investigated the effect of innovative behavior of managers on the competitive advantage of small, medium, and micro enterprises (SMMEs) in South Africa. In addition, the study examined the moderating role of environmental dynamism in the relationship between innovative behavior and...

The present paper proposes a new way of thinking regarding the relation between innovation and knowledge using a Physics-borrowed model, trying to prove whether knowledge resources can "flow" (be percolated) in a network or a grid, in order to be transformed in technological innovation. In the...

This paper reports on activities and results of a partnership approach to an in-house innovation learning project (ILP) that sought to leave a legacy of skills, expertise and experience to be retained and repeated in-house for participating owner-managed Small and Medium-sized Enterprises...

We review literatures that inform entrepreneurial innovation, paying particular attention to different conceptualizations of contexts. Early research explored micro and macro approaches with some scholars taking an actor-centric perspective and others a context-centric perspective. Bridging...

This paper provides an analysis of an attempt to accelerate mobile service development, testing and new venture creation in Finland. The Octopus programme, an open innovation, development and testing environment for mobile applications, joins together industrial, educational, and governmental...

The research reported in this paper was provoked by the author's experience with two entrepreneurs operating in the same industry in the same city in India during the same period. Ironically, the one with better resources and institutional support (call him Entrepreneur-A) could not succeed,...

Crowdfunding (CF) is a form of early-stage financing for innovative ventures, which has seen tremendous growth in the past few years - partly because it provides a desperately needed alternative to the scarcity of traditional sources of finance during the so called ‘credit crunch'. CF ranges...