Although innovation is essential to build a competitive advantage and survive in the long run, some firms choose to exit, through mergers and acquisitions (M&As), or radically change their business portfolio and identity. This paper examines how innovative capabilities influence the decision of...

Firms are resorting more and more to mergers and acquisitions (M&A) to bridge the gap between where they are and where they would like to be in relation to innovation and performance. This paper investigates whether involvement in M&A triggers distinct patterns of innovative behaviour across...

This paper applies network analysis to a citation database that combines the key references in the fields of Entrepreneurship (ENT), Innovation Studies (INN) and Science and Technology Studies (STS). We find that citations between the three fields are relatively scarce, as compared to citations...

The Schumpeterian theory of long waves has given rise to an intense debate on the existenceof clusters of basic innovations. Silverberg and Lehnert have criticized the empirical part ofthis literature on several methodological accounts. In this paper, we propose the methodologyof Poisson...

Technological change is argued to be taking place along ordered and selective pat-terns, shaped jointly by technological and scientific principles, and economic and other societal factors. Historical, descriptive analysis is often used to analyze these ''trajectories''. Recently, quantitative...