In this paper we examine alternative strategies to innovation, in which sharing and co-operation play a critical part. The paper addresses the involvement of users in opening up the innovation process, which in turn gives the participating actors an interesting alternative for product...

Innovation is one of the usual suspects in defining differences in performance among firms, according to a strong and diverse theoretical framework. Understanding the diversity that exists within the population of innovative firms is essential to elaborate appropriate innovation policies. Our...

Because of the intangible and highly uncertain nature of innovation, investors may have difficulty processing information associated with a firm's innovation search strategy. Due to cognitive and strategic biases, investors are likely to pay more attention to unfamiliar explorative patents...

Firms with more levels of decision-making hierarchies achieve in average poorer results but have lower overall risks. This is the consequence of poor managerial assessments, where errors of the first and second order reduce the firm’s performance. Despite the negative effect of hierarchies,...

The research problem was the connection about the problematics of competitiveness factors with the planned action of innovation within the managing of the enterprise. In such research area the purpose of the study was to identify and evaluate the competitiveness factors used in innovative...

New product development (NPD) in small and medium-sized enterprises (SMEs) virtual team has not been systematically investigated in developing countries. Literatures have shown no significant differences between traditional NPD and virtual NPD in general. New product development especially for...

Corporations increasingly subscribe to the principles of corporate sustainability, which is generally described as the integration of economic, environmental and social dimensions. Of particular interest are sustainabilityoriented product innovations: products are perceived to be a major source...

Innovation is the essence of humanity’s progress. Well-known internal corporate R&D and innovation centers like AT&T Bell Labs and Xerox PARC have been quite prolific in generating innovations in the post-World War II era and even received several Nobel prizes. Interestingly, it is often...

A persistent theme in the academic literature on technological innovation is that incumbent enterprises have great difficulty crossing the abyss created by a radical technological innovation. It is argued that incumbents go into decline, while new entrants rise to market dominance by exploiting...

In this introductory article to the EIT ICT Labs we outline its innovation ecosystem and recap the underlying motives for its foundation from the perspectives of industry, academia and society. The EIT ICT Labs are one of the initial Knowledge and Innovation Communities (KICs) of the European...