Prior Research Suggests That A High Technology Start-Up's Innovative Capability And Inter-Firm Network Influence Its Performance And Consequently, Firm Valuation. Few Studies Consider Their Joint Influence And Even Fewer Consider The Temporal Change Of Those Effects On Firm Valuation. In This...

Purpose – In order to understand the pros and cons of an open organization regarding the flow of knowledge between firms, this paper introduces the concept of “protective capacity”. The purpose of the paper is to elaborate the concept of “protective capacity” especially in relation to...

This paper explores the existence and importance of financing constraints for R&D investments in large EU and US manufacturing companies over the 2000-2007 period. The main results obtained by estimating error-correction equations suggest that the sensitivity of R&D investments to cash flow...