Showing 1 - 10 of 20,626
Airplanes were invented by hobbyists and experimenters, and some personal computers were as well. Similarly, many open-source software developers are interested in the software they make, and not focused on profit. Based on these cases, this paper has a model of agents called tinkerers who want...
Persistent link: https://www.econbiz.de/10014221720
Managers entrusted with new product development (NPD) have to seek the optimal balance between prior competencies and learning activities to generate successful products. Yet prior NPD research has largely taken a positivistic view of learning despite an inkling that too much learning can lead...
Persistent link: https://www.econbiz.de/10010479365
between businesses that fuel innovation and growth. Whereas Chandler's and Williamson's theories involve the visible hand of … structural elements, scale and hierarchy both suppress innovation. Thus, neither Williamson's nor Chandler's theories hold in our …
Persistent link: https://www.econbiz.de/10012855065
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 …
Persistent link: https://www.econbiz.de/10012720166
This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with … intensity of cooperation and innovation. Within different knowledge regimes, we examine the structure of networks that emerge …
Persistent link: https://www.econbiz.de/10009784064
We develop a model of Ramp;D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its Ramp;D decision due to the goods' durability. Moreover, a...
Persistent link: https://www.econbiz.de/10012720951
In this paper we examine the relationship between innovation and firm growth. We implement a classification of … 1997 to 2012. The data allows us to construct each firm's innovation history. Panel regression estimations, together with … innovation on firms' employment growth. More radical explorative innovations are shown to have a more persistent growth effect …
Persistent link: https://www.econbiz.de/10012953106
In this work, we explore the relations between sales growth and a set of innovation indicators that capture the … different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation …-2011. Standard GMM-panel estimates of the average effect of innovation activities reveal significant and positive effect for internal …
Persistent link: https://www.econbiz.de/10011420637
Until the twenty one century, innovation and ideas have been a valuable asset to accelerate the process of … technological catch-up, sustain productivity growth and competitiveness. To determine where innovation is standing up, countries and … organizations need to adapt innovation capacity to overcome their economies' defeats for the purpose of boosting the growth and …
Persistent link: https://www.econbiz.de/10012991702
When commentators discuss innovation’s externalities, they often classify them into one of two categories. On the … positive externalities, or “spillovers” side, legal and economics scholars often speak of the benefits innovation confers on … other innovators. Future innovators profit from past innovation as they “stand on the shoulders of giants” to develop …
Persistent link: https://www.econbiz.de/10013226129