Artificial intelligence (AI) is emerging as a transformative innovation with the potential to drive significant economic growth and productivity gains. This study examines whether AI is initiating a technological revolution, signifying a new technological paradigm, using the perspective of...

Business practices and performance vary widely across businesses within the same sector. A key outstanding question is why profitable practices do not readily diffuse. We conduct a field experiment among urban retailers in Indonesia to study whether alleviating informational and behavioral...

Environmental, social, and governance (ESG) performance, along with the novelty of innovation, are significant factors in promoting sustainable development for corporations. This study employs the Heckman two-stage model to examine the impact of ESG performance on innovation novelty using a...

Many kinds of research has suggested that innovation is positively linked to business performance and that it acts as an intermediary between organizational variables and financial performance measured by earnings achieved. Researchers worldwide have paid great attention to identifying and...

The increasing complexity of products and services, rapidly changing market demands, or growing pressure from various societal groups are trends that require companies to enact new practices to remain competitive. The external search for information and its integration in the context of open...

The main aim of this study is to explore the linkages between innovation capacity, business sophistication, and macroeconomic stability within OECD countries. In order to obtain information regarding the relationship between time series variables, the Pedroni cointegration, Kao cointegration,...

There are very different outcomes in the literature regarding the influences of corruption on business innovation and also arguments for both "sanding the wheels" and "greasing the wheels" approaches. The main goal pursued in this paper is to broaden the understanding of the corruption influence...

Luigi Barone’s famous curve offers an excellent framework for the study of the microeconomic and macroeconomic implications of innovation and imitation. However, neither Barone nor his epig- ones have been able to sufficiently "exploit" his contribution to date. Complementing his analysis of...

In his groundbreaking work Sources of Innovation, Eric von Hippel discussed from where in (and out of) the value-chain innovations came in different industries: the customer, the manufacturer, the supplier, or third-party innovator (universities, research laboratories, etc.). The world has...

The ever-increasing worldwide demand for automation has augmented the adoption of technologies such as artificial intelligence and machine learning for industrial developments. Among the recent technological advancements, intelligent robots are increasingly becoming an integral part of several...