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milestones was not associated with the likelihood of product innovation. The marginal effect of feedback was larger for new … product innovation is stronger when firms provided feedback at the interim stages. In contrast, whether and how firms set …-to-market product innovation than for new-to-firm product innovation, and the feedback from non-R&D organizations within the firm in the …
Persistent link: https://www.econbiz.de/10014305786
We provide evidence that risk aversion leads pharmaceutical firms to underinvest in radical andnovel innovation. We do so by introducing a new measure of novelty: a drug candidate is novelif it is molecularly distinct from prior candidates. Using our measure, we show that firms face arisk-reward...
Persistent link: https://www.econbiz.de/10011928975
staged project management into account. Among firms that employed staged project management, whether they set milestones and … to what extent milestones were important in assessing the continuation of R&D projects was not associated with the … likelihood of product innovation. In contrast, the provision of feedback on interim evaluations of R&D projects to R&D employees …
Persistent link: https://www.econbiz.de/10014239515
milestones was not associated with the likelihood of product innovation. The marginal effect of feedback was larger for new … product innovation is stronger when firms provided feedback at the interim stages. In contrast, whether and how firms set …-to-market product innovation than for new-tofirm product innovation, and the feedback from non-R&D organizations within the firm in the …
Persistent link: https://www.econbiz.de/10014356051
Recent interdisciplinary research suggests that customer and technological competencies have a direct, unconditional effect on firms' innovative performance. This study extends this stream of literature by considering the effect of organizational competencies. Results from a survey-research...
Persistent link: https://www.econbiz.de/10010856369
Recent interdisciplinary research suggests that customer and technological competencies have a direct, unconditional effect on firms' innovative performance. This study extends this stream of literature by considering the effect of organizational competencies. Results from a survey-research...
Persistent link: https://www.econbiz.de/10005150811
Small and medium enterprises (SMEs) are considered as an engine for economic growth all over the world and especially for developing countries. During the past decade, new product development (NPD) has increasingly been recognized as a critical factor in ensuring the continued survival of SMEs....
Persistent link: https://www.econbiz.de/10014190467
Purpose - The literature on the topic has evolved exponentially since eight years ago. Relaying on a review of studies published in recent years, this article proposes and discusses a framework which incorporates a set of virtual teams involved in a new product development initiative....
Persistent link: https://www.econbiz.de/10014190473
We study the interaction of customer capital and productivity through brand reallocation across firms. We develop a firm dynamics model with brands as transferable customer capital, heterogeneous firm productivity, and variable markups. We study the matching process between transferable brand...
Persistent link: https://www.econbiz.de/10015062505
This study investigates the impact of internal and external research and development (R&D) on the innovation performance of small and medium-sized enterprises (SMEs) in India and Pakistan. Micro-level data was obtained for 3,492 Indian and 696 Pakistani SMEs from the World Bank's Enterprise...
Persistent link: https://www.econbiz.de/10011653779