We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

The effect of collective bargaining on innovation has long been in dispute. At the level of theory, the hold-up problem … impact of collective bargaining on (several measures of) process innovation and product innovation. Our cross section and … longitudinal analysis fails to indicate that unionism retards innovation. Indeed, in conjunction with workplace representation …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …

impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … of immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are …

research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …

To investigate econometrically whether cultural diversity of a firm's employees boosts innovation, we create a unique … linked employer‐employee dataset that combines data from two innovation surveys in The Netherlands with administrative and … generally more innovative, but that diversity among a firm's foreign workers is positively associated with innovation activity …

innovation. …