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I model an innovation game in which firms can choose to be leaders or followers. Internal finance leads to a stalemate … in which each firm wants to free-ride on the others' experimentation costs. Therefore, no innovation occurs. When instead … firms compete in the capital markets to finance innovation (e.g., in the case of venture capital) there is an endogenous …
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-- Supporting innovation by promoting analogical reasoning / Arthur B. Markman ... [et al.] -- Constraints and consumer creativity …The cognitive science of innovation tools / Arthur B. Markman and Kristin L. Wood -- On "out-of-the-box" thinking in … creativity / Robert W. Weisberg -- "Putting blinkers on a blind man" : providing cognitive support for creative processes with …
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