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We provide a theoretical framework to contribute to the current debate regarding the tendency of pharmaceutical companies to direct their R&D toward marketing products that are "follow-on" drugs of already existing drugs, rather than toward the development of breakthrough drugs. We construct a...
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Innovation involves implementing new or significantly improved goods and services, production processes, marketing, or … organizational methods for adding value. The measurement of innovation provides a mechanism for benchmarking national performance …, and for examining innovation and its relation to economic growth. Further, examining determinants and bottlenecks to …
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empirical results provided an affirmative response to the question raised in this paper: "Does innovation mediate good firm …
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The Oslo Manual, following ideas of Schumpeter, defines innovation as "the implementation of a new or significantly … become even more cognizant of innovation as a major driver of economic performance, from output, to productivity, and to … encourage innovation and support the country's innovation ecosystem. Examining innovation and its relation to economic growth …
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costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher … market success of new products. While we can confirm previous findings in terms of gains for innovation performance, we also …
Persistent link: https://www.econbiz.de/10010440100
costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … terms of gains for innovation performance, but also show that collaboration has decreasing and even negative returns on … product innovation if its intensity increases above a certain threshold. In particular, costs start outweighing benefits if a …
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