The aim of this paper is to analyse the effects of knowledge management on the innovation success of firms in Germany. We look at innovative firms in the period from 2000 to 2002 taken from the Mannheim Innovation Panel and estimate the effect of collaborative measures of knowledge management on...

The concept of open innovation captures the increasing propensity of firms to work across their traditional boundaries of operation. This phenomenon has largely been studied from the viewpoint of manufacturing businesses while services have received much less attention despite the predominant...

Obtaining essential intellectual property rights (IPRs) is important for innovation and competition in the network industry, where technical standardization plays a critical role in development. In this study, we empirically investigate the determinants of essential IPRs for wireless...

In the policy debate, intellectual property is often justified by what seems to be a straightforward argument: if innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now, in most industries and for most potential users,...

Taking a largely empirical approach this paper addresses the global spread of new technologies by defining two diffusion margins – the extensive, referring to the spreading of first use across economies and the intensive, referring to the intensity of use within economies. Using data relating...

Patent trolls, or NPEs, appropriate profits from innovation solely by enforcing patents against infringers. They are often characterized as relying on low-quality patents, an assessment that, if correct, would imply that eradicating such patents would effectively terminate the NPE business. In...

Open labour markets are often seen as a precondition for innovation, particularly for new industries. However, this view ignores two core findings of the economic systems literature: first, that mobility patterns are institutional microsystems that need to be complementary to other institutions...

Biotechnology firms operate in a high-risk and high-reward environment and are in a constant race to secure venture capital (VC) funds. Previous contributions to the literature show that the VC firms tend to invest locally in order to monitor their investments and to provide operating assistance...

The innovation value chain (IVC) divides the innovation process into three separate links or activities: knowledge gathering, knowledge transformation and knowledge exploitation. Here, we report a comparative panel data analysis of the IVC in Ireland and Switzerland. Both economies are small,...

Given the mixed evidence for the impact of various publicly funded initiatives that aim to foster entrepreneurial activity, this paper empirically examines the efficacy of publicly funded business advisory services in relation to entrepreneurial outcomes. Based on a sample of 228 early-stage...