Drawing on Schumpeterian concept of creative and adaptive responses literature the article analyses how different firms' behaviour can influence structural and knowledge change at both firm and industry levels. We use this theoretical framework to analyse a qualitative case study analysing the...

This paper examines how a firm's choice of the type of experiment impacts on its potential exploitation of new technological opportunities. It does so in the context of the failure of successful firms (or disruption) where the literature has informally suggested that firms undertake errors in...

Objective: The aim of the article was to conduct an explorative study on the relationship between business model innovation and digital technologies in incumbent small and medium-sized enterprises (SMEs). Research Design & Methods: A qualitative methodology supported the study by providing a...

What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of commercializing research from top U.S. universities; however, prior work has little to say on the particular advantages of startup ventures in the innovation process relative to more...

The evolution of civilization appears to have primarily resulted from continuous improvement made possible by technological advances. A group of social evolutionists and economists have identified, among others, energy, transport, as well as information and communication to be the three most...

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...

Recent changes in innovation development are related to the new technological revolution (Industry 4.0), pandemic, economic crises, and new legislation. These trends provide new opportunities for the improvement of production materials, construction, processes, and capacities. Innovative...

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...

Whereas national and corporate Foresight are established instruments for anticipatory STI policy and innovation strategy respectively, regional Foresight is a rather new phenomena in this arena. Placed in between national and corporate Foresight regional Foresight can be considered to fulfill a...

Industry 4.0 and the pandemic have caused recent changes in innovative development, economic situations, and restrictions in various companies and regions of the world, with new stricter legislation related to working conditions, hygiene standards, and health requirements. New technologies are a...