A firm's manager must decide whether to adopt an innovation of uncertain profitability or to obtain some information … and then decide to adopt or reject the innovation. Obtaining information can involve either waiting to receive some … costless information or buying some additional information as well. The optimal policy for this decision problem may not have a …

In our contribution we are describing methodological issues of innovation process in terms of information processing …. It is the "meta-innovation methodology”. The quality of input information and their processing is a general prerequisite … for effective innovation activities. The ability of teams to solve innovative tasks - our different research outputs …