In the last decade R&D expenditure in Italy has been lagging at a bare 1.2-1.3 per cent of GDP. Its private share is low by international standards and Italian firms take out only a small number of patents. External sources of innovation, however, are available to firms. This work aims at...

We provide a model and empirical tests showing how an active acquisition market affects firm incentives to innovate and conduct R&D. Our model shows that small firms optimally may decide to innovate more when they can sell out to larger firms. Large firms may find it disadvantageous to engage in...

The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...

The Business Process Modeling Notation has emerged as a popular choice for representing processes among Business Analysts and Information Systems professionals. While the BPMN specification provides a rich syntax for the capture and representation of process models, it does not provide any...

The automated enactment of processes through the use of workflow management systems enables the outsouring of the control flow from application systems. By now a large number of systems, that follow different workflow paradigms, are available. This leads to the problem of selecting the...

In this paper we investigate the nexus between firm labor diversity and innovation using a linked employer-employee data from Denmark. Specifically, exploiting information retrieved from this comprehensive database and implementing proper instrumental variable strategies, we are able to identify...

This article studies the relationships between innovation, the mode of entry adopted by a firm and its export performance. In addition, it identifies the mode of entry that is most favourable for the development of the export intensity of the innovative firm. In order to achieve this, the study...

A través de la metodología de componentes principales, este artículo propone un índice de regionalización (IROPI) que permite tener un criterio objetivo para la ubicación a lo largo del territorio nacional de las oficinas de propiedad industrial en Colombia. Los resultados arrojados por el...

In this paper we describe three different algorithms, from which two (as far as we know) are new in the literature. We take both the size of the jump as the jump times as decision variables. The first (new) algorithm considers an Impulse Control problem as a (multipoint) Boundary Value Problem...

Investments in Ramp;D can influence a firm's ability to develop new products and to create and adopt innovative technologies that may enhance productivity. However, due to uncertainty regarding the outcome, investments in Ramp;D may lead to an agency problem between the owners and the managers...