discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …

market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …

literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …

rates and radicalness. This research introduces and develops the new staged competition innovation theory which builds on … the well-understood diffusion of innovation theory and the Technology-Organisation-Environment framework to explain how … innovation activity. The new theory comprises three principles that demonstrate how a well-designed staged competition provides …