The question of how best to assess research performance is clearly of great concern. In December 2007, HEFCE launched a national consultation on the future of Research Assessment, proposing that a Research Excellence Framework replaces the current Research Assessment Exercise. Fundamentally the...

Exploration is both a risky activity and a key ingredient in the strategy of firms that strive for radical innovations. This paper investigates a dual facet of the exploratory component of R&D activities with regards to innovation failures: while exploration increases firms' exposure to failure,...

This paper contributes to the ongoing debate on the impact of academic patenting. On the basis of CV information and two separate surveys, we provide the first empirical evidence for a sample of UK academics in physics, chemistry, computer science and a subset of engineering. The main...