Intro -- Title page -- Table of Contents -- Copyright -- About the authors -- Preface -- Acknowledgments -- Chapter 1. Introduction -- 1.1. Rapid increase in digitalized innovation -- 1.2. Structural decline in productivity -- 1.3. The dilemma of digitalized innovation and productivity decline...

Purpose: Sustainable functionality development (FD) is decisive to firm's profitability in their new innovation in a competitive market. While functionality instills attractive values in innovative goods leading to a dramatic increase in profit through increasing demand and higher prices, it...

The paper presents a dynamic model of trading on market of patents. It is assumed that each firm participating in market produces its own technologies, whereas its manufacturing sector utilizes both originally produced technologies and those produced in other firms. The firms are therefore...

A dynamic model of investment process for a technology innovator in a market environment is designed. The "light" dynamics of the active innovator is described by the system of exponential trajectories in which one can quickly change growth parameters. It is assumed that the innovator operates...