or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …

The creation of spinoff companies is often promoted as a desirable mechanism for transferring knowledge and …

knowledge through the U.S. Small Business Innovation Research Program. Our conceptual framework assumes the nature of an …

It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work … suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using … CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation …

Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation …

This study investigates how local milieus foster innovation success of firms. We complement the common practice of … availability of highly skilled labor and the proximity to suppliers matters for firms' innovation performance. Interestingly …, location factors obtained from the survey provide a more accurate explanation on how local milieus facilitate innovation …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company … leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical …