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Economic theory tells us that abnormal industry and firm profits will not persist for any length of time. Any industry or firm making profits in excess of the normal rate of return will attract entrants and this competitive process will erode profits. A substantial amount of research however,...
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The issue of through what processes R&D collaboration with universities affects a firms’ innovation performance remains … under-researched. In particular, university relationships have not been fully integrated in the open innovation framework …. This study explores the relationship between firms’ collaboration with universities and their capabilities for innovation …
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based on innovation. Private equity activity is in this regard a better mode of financing innovative enterprises added to …
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with global, national, regional and local knowledge and innovation dynamics. In the text, we stress the importance to … understand the current changes of the global and their implications for knowledge generation and innovation. Treating knowledge … as a key resource for innovation shifts the focus from the innovation itself to the process of knowledge generation …
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This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial … files for the period 1997-2008, three types of incumbent firms are distinguished: firms that are engaged in innovation … new firm can be linked back to the innovation strategy of the parent firm. In contrast, there is strong evidence that …
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of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …
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