); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …

); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …

Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a … framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the … important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which …

recently developed concept of Dedicated Innovation Systems (DIS). We conclude that traditional macro-level indicators are not …