This paper comparatively assesses the divergent effects of government and market financing upon innovation process of enterprises of different scales, attempting to reveal the role of different financing sources comprehensively. Using a unique enterprise-level data set of science- and...

This paper takes innovative enterprises as the research object and explores the relationship between resource integration and synergistic innovation effect. This paper first defines and analyzes the related concepts, then proposes a synergistic innovation effect analysis framework based on the...

There is no shortage of dialogues and commentaries extolling the need for more innovation to regenerate sagging national productivity growth. However, hard evidence on whether or not innovation makes a difference is largely absent because most firm-level studies are drawn from cross-sectional...

The study aims to examine the effect of an innovative work environment on the innovative work behaviour of employees. To broaden the concept of the study, related literature was reviewed. The study used a descriptive assessment and correlational research design and the population of the study...

An analysis of new, FDA-approved molecular entities reveals dynamism in terms of new innovation. An assessment of the first patent for each drug reveals that the pharmaceutical industry, particularly large, established companies in North America, tend to dominate the field. Whereas inventors...

Human exploration of outer space has stimulated multiple innovations from both government and private sources. The decision to invest vast sums of money over a short period of time for the moon programs of the 1960s radically increased the level of innovation. Accomplishing this required new...

Achieving the ambition of limiting global warming to 1.5°C to 2°C by the end of the century as enacted in the Paris Climate Agreement will require massive investments in environmental technologies and a forceful change of path away from high-carbon technologies. This report presents novel...

Public and political interest is intensifying in artificial intelligence (AI), machine learning and robotics. As these technological capabilities advance, legislative and regulatory proposals for algorithmic systems will grow alongside them. Public policy will play a crucial role in shaping the...

We study the optimal design of an innovation contest where the designer wants to induce product variety and faces a moral hazard problem. The innovators have different areas of expertise and may differ in their flexibility to adopt approaches outside their specialties. When the suppliers are...

Today’s economy is being transformed by the application of new general purpose technologies built on the nexus of big data, machine learning and artificial intelligence. At the business firm level and at the national level, the tsunami of disruption that is coming sends us a clear message:...