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 …

of technological competitiveness (based on innovation in products and markets) or cost competitiveness (relying on … innovation in processes and machinery) and their impact on economic performances. We propose models for the determinants of … Pavitt classes that group manufacturing and services industries with distinct patterns of innovation. Tests are carried out …

How does innovation impact on development? How, and under what conditions, do entrepreneurs in developing countries … innovate? And what can be done to support innovation by entrepreneurs in developing countries? This policy brief addresses … these questions and explains the relationship between entrepreneurship, innovation and development. Policy lessons are drawn …

majority of industrial sectors. This evidence should be kept in mind by European innovation policy makers having employment as …

role of innovation, demand, wages and the composition of employment by professional groups. A model is developed and an …

with ISO accreditation, an own website, and those who have introduced new technology have a higher probability of entering …

&D, innovation and economic performance, considering the impact of innovation of export success. We develop a simultaneous three … dynamics of innovation and export performance: first, the capacity of firms to translate their R&D efforts in new products …; second, the role of innovation as a determinant of export market shares; third, the export success as a driver of new R …