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economic prospects, firms had to cut costs and reconsider their business strategies. With respect to innovation, cost cutting … often means to stop or underresource innovation projects which may harm a firm's long-term competitiveness. Firms may … therefore refrain from reducing innovation budgets during crises but rather deliberately allocate more resources to innovation …
Persistent link: https://www.econbiz.de/10010511218
This paper investigates the impact of in-house R&D and innovation management practices on innovation success in small … innovation management tools in order to achieve innovation success. We analyse whether such a strategy can pay off. Based on data … from the German CIS we find that R&D activities are a main driver for innovation success if combined with external R …
Persistent link: https://www.econbiz.de/10014212178
product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher …
Persistent link: https://www.econbiz.de/10012871346
We analyze the effects of captive off-shoring of innovation activities on the firms' ability to adapt their … Community Innovation Survey to test our hypotheses. We find an inverted u-shape of innovation off-shoring on the effectiveness … of organizational adaptability, implying an optimal threshold value of innovation off-shoring. This value is 11% for …
Persistent link: https://www.econbiz.de/10013061234
Process innovation is an important part of firms’ innovation activities and supposed to significantly contribute to … positive returns from innovation. Measuring process innovation output at the firm level is still in its infancy, however. This … paper reports empirical evidence on measures of process innovation output that have been collected in the German part of the …
Persistent link: https://www.econbiz.de/10013305787
Artificial Intelligence (AI) represents a set of techniques that enable new ways of innovation and allows firms to … new business models. This paper analyses the extent to which the use of AI contributes to the innovation performance of … firms. Based on firm-level data from the German part of the Community Innovation Survey (CIS) 2018, we examine the …
Persistent link: https://www.econbiz.de/10013231699
Public financial support for firm-level Research and Innovation (R&I) can generate important socio-economic returns …. This is especially true if firms use this support to develop radical innovation, defined as new-to-market goods and … services. However, radical innovation is risky, and prone to failure. Therefore, subsidising radical innovation can also …
Persistent link: https://www.econbiz.de/10014473282