affect investments in innovation projects as such projects are typically characterized by a high degree of uncertainty …, complexity and specificity. Financing innovation externally is thus likely to be more costly compared to financing of other … investment. Hence, internal sources of financing are crucial for the implementation of innovation projects. However, internal …

how knowledge management influences the innovation performance of a firm. While former studies mainly focused on knowledge … techniques on product and process innovation. More specifically, if a firm wants to reduce costs, it is more valuable to invest … important for a firm to carefully select the techniques of knowledge management depending on the goals in its innovation …

distributed globally. Firms' innovation activities which are carried out abroad comprise either the localization of uniform … paper is to show how internal firm capabilities as well as external forces from the firm’s business and national innovation … environment impact on the firm's decision to carry out different innovation activities abroad. The analysis is based on around …

product innovation is stronger when firms provided feedback at the interim stages. In contrast, whether and how firms set … milestones was not associated with the likelihood of product innovation. The marginal effect of feedback was larger for new …-to-market product innovation than for new-tofirm product innovation, and the feedback from non-R&D organizations within the firm in the …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …

innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …

otherwise visible to society. We develop a structural model of initial and follow-on innovation to determine the effects of such … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while … significant decline in follow-on innovation …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …