Information and knowledge are important prerequisites for innovation activity in firms. One important means of acquiring coplementary knowledge are innovation networks. Depending on their absortive capacity and knowledge base, firms develop different abilities to access and utilise external...

Technology-based firms contribute to dynamic competition, ensure product variety, close market gaps and promote job creation. Their development is impeded by a difficult access to capital, high R&D costs and management deficits. The book analyses their chances and risks in the innovation...