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How relevant is innovation by demand compared to innovation by other actors in a sector? In quantitative terms, this is a yet unanswered question. The current study fills this major gap in the literature on industry studies. By taking a sectoral system perspective, this study is able to...
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The market research industry in Italy has grown dramatically over the past decade, catching up with the relative dimensions of its European counterparts. The objective of this article by Pamela Adams and Jacqueline Pels is to analyse the changes that have occurred in the Italian industry and to...
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In recent years many new international market leaders from the BRICS countries have emerged in several manufacturing and service industries. This change has been associated with the rise and growth of large successful firms from these countries. How did these companies emerge and become...
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We study the role that switching costs, compatibility, and mergers and acquisitions, play in influencing the evolution of a multi-market industry. By looking at the case of the Local Area Networking industry, we propose a ‘history friendly model’ to replicate its evolution during the 1990s....
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We study the impact of demand on innovation. By focusing on a sample of small- and medium-sized enterprises in several industries and European countries, we analyse how demand stimulates innovation by providing economic incentives and reducing uncertainty. Considering the size of the market as a...
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