This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms …. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed … focus on two features in multinational production: (i) fundamental innovation is geographically more difficult to transfer …

profit, at either the individual or the team/project level. The choice of metric requires senior management to balance the …

This paper analyzes a principal-agent-model with a principal, a manager, and a team of workers to investigate the … incentive provision and optimal team size in a setting with uncertain productivity and team synergy effects which is typical for … innovation environments. Workers are responsible for providing productive effort, whereas the manager performs monitoring and …

Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its … project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation … hand, research on absorptive capacities finds that previous innovation experience translates into superior ability to value …

In this paper we carefully link knowledge flows to and from a firm's innovation process with this firm's investment … results indicate that firms with small budgets for innovation will not invest in basic research. This occurs in the short run …

incentives for innovation by applying a property rights approach. We explore a model in which two research laboratories invest in …