This study examines how industry-specific managerial experience affects firms’ innovation performance in the context of … providing knowledge about how to cope with institutional shortfalls potentially hampering the commercial success of new products. …

Skills shortage has become a key policy issue in highly developed and innovation-oriented economies, with non …-negligible consequences on firms' innovation activities. We investigate the effect of skills shortage on firms' innovation openness, which is … considered to be one of the key drivers of innovation performance. We hypothesize that scarcity of personnel causes firms to …