existence of complementarity. We use our empirical methodology to analyze complementarity between innovation activities … external knowledge acquisition are complementary innovation activities, but that the degree of complementarity is sensitive to … research centers as an information source for the innovation process--as an important contextual variable affecting …

. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

This paper analyzes the choice between different innovation activities of a firm. In particular, we study the … technology acquisition decision of the firm, i.e. its technology BUY decision as part of the firm's innovation strategy. We take …

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order … to innovate successfully, the firm will combine different innovation activities. In addition to doing own research and … innovation activities. Using data from the Community Innovation Survey on Belgian manufacturing firms, we show that firms that …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …