The appropriateness of patent systems has been largely discussed and has led to substantial theoretical debates and empirical analyses. One of the most significant arguments in favor of patents is that they enable knowledge disclosure, which would compensate their social cost. Through an...

This essay explores potential research opportunities at the intersection of institutions, innovation, and impact. We engage with, and probe into, what we have dubbed the ‘cultural future’ by examining several examples described in the 2017 “Future Issue” of the Fortune magazine. Our...

One important market related capability for firms which seek to develop radical innovations is the competence to involve the 'right' users at the 'right' time in the 'right' form. While former studies have identified a rather passive role of users in the radical innovation process, this paper...

This article analyses and discusses the development and achievements of the corporate technology management (TM) field. Based on an extensive survey, it is found that Technology Management in its presents form, has existed since the early 1980s, but its roots can be traced back to the early...

Il lavoro descrive le strategie di ricerca e sviluppo (R&S) delle imprese italiane, usando i dati dell'indagine annuale sulle imprese (Invind) condotta dalla Banca d'Italia. I risultati, relativi al periodo 2008-2010, fanno emergere per le imprese italiane una serie di fatti stilizzati della...

We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation. Where licensing fails, follow-on innovation is...

This theoretical work addresses the maturity models related to innovation processes that can be applied in critical industries such as the aerospace-defense sector in Colombia. It responds to the need to articulate the local industry, technical and innovation capabilities, regulatory aspects,...

Public procurement accounts for 15 to 20 percent of global GDP and is considered an effective innovation policy. However, the detrimental effects of non-innovative public procurement - public procurement tenders awarded solely based on their price - on firm innovations have been largely...

The literature on corporate governance has highlighted the importance of board characteristics related to firm innovation. However, empirical findings have not been totally conclusive, and some seem contradictory. Adopting a new perspective, we have tried to help resolve the puzzle using a...