This paper seeks to explore the types of innovation that are predominant in SMEs in developing countries and to investigate the impact of these innovations on different dimensions of firm performance based on an industry-wide innovation survey carried out in Nigeria in 2007. Although innovation...

This chapter seeks to make some contributions to the literature on firm-level innovation in Africa by attempting to identify the significant factors that explain the capability of firms in Nigeria to innovate using the results of an industry-wide study. We focused on the product and process...

Firm performance is known to be connected to firm-level innovation capability. Innovation capability, in turn, is an output of technological learning. This paper evaluates technological learning among firms in the Cable and Wire manufacturing sub-sector in Nigeria, using a purposively selected...

Innovation process represents the long wave of value creation and it is the main powerful driver of future economic results of firms and nations. It therefore follows that for nations to compete suc-cessfully in the long run, they must innovate; and innovating entails building new competencies,...

This study explored the factors that explain innovation capability in SMEs in developing countries. This is important given the increasing global pressures that these SMEs have to face. The data employed came from a survey of Cable and Wire manufacturing firms in Nigeria. The important factors...

This paper presents an appropriate model for Science and Technology Parks (STPs) with a view to helping policy makers and STP managers implement and manage STPs. The authors reorganize and prioritize the Cabral-Dahab Science Park Management Paradigm. We identify three critical groups of actors...

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...

We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...

This paper reports data from a laboratory experiment on two-period moral hazard problems. The findings corroborate the contract-theoretic insight that even though the periods are technologically unrelated, due to incentive considerations principals can benefit from offering long-term contracts...

We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of some new equipment or technology. Breakdowns occur at the jump times of a Poisson process whose unknown intensity is either high or low. In marked contrast to existing models, we...