The features of innovation, flexibility and change mutually influence one another. Provided that change is perceived as … a feature leading to innovation, flexibility is the feature that enables it. Innovation cannot exist without change but … nonetheless each and every change leads to innovation. Flexibility is a necessary condition but not sufficient for the innovation …

responsiveness – speed of innovation and actions taken in the marketplace. …

innovation programmes and also in many national and regional strategic documents of member states. The cluster development … incorporated in different national and regional strategies focused not only to regional development but to business and innovation …

of innovation, this paper is divided in three parts. In first part it discusses the business model itself, how to design …

competitive. Historically the different eras were characterized by different types of innovation. The changes were moving from …

output performance. An econometric model is specified and estimated with Community Innovation Survey data for the Netherlands … divesting assets. Third, acquisitions motivated by knowledge barriers in the innovation process affect the probability of … positive innovative sales positively while acquisitions motivated by other reasons than innovation barriers affect this …