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...

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...

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...

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...

Background: Rapid changes and dynamic markets significantly impact the way businesses operate. Many companies fail to adapt and innovate their business models, which jeopardises their sustainability. Managers, as key decision-makers, play a pivotal role in the innovation process, whereby their...

The terms innovation and entrepreneurship are commonly used - but not always with the same understanding. There is an obvious strong relationship of both areas, however, barely articulated. Moreover, so far there is few consensus among researchers regarding innovative and entrepreneurial...

Innovation plays a central role in economic development, at regional and national level. In the competitive environment companies are obliged to produce more rapidly, more effectively and more efficiently in new product development which is a result of research and development (R&D) activities....

Innovation is a key factor for survival of an organization in a global economy and market scenario. It exists in different formats and at different phases of life-cycle of a product at the micro level in an organization or in the society at the macro level. Human resources play the most...

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...