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Preface -- 1. Innovation Beyond Technology – Introduction -- 2. Reimagining Innovation -- 3. 'Innovation’ as an adaptation of ‘Progress’: Revisiting the epistemological and historical contexts of these terms -- 4. The Light and Shadow of the Fourth Industrial Revolution -- 5. How...
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A long-standing controversy is whether LBOs generate economic efficiencies through a superior governance framework, or whether LBO funds are driven by short-term profit motives and sacrifice long-term growth to boost short-term performance. Using a propensity score methodology, this paper...
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L'innovation est souvent comprise et décrite comme le résultat d'une fonction particulière du système économique, par exemple la fonction entrepreneuriale ou la fonction recherche. Cette communication montre en quoi une approche en terme de processus paraît plus pertinente pour modéliser...
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The sale of ideas (e.g. through licensing) facilitates vertical specialization and the division of labor between research and development. This specialization can improve the overall efficiency of the innovative process. However, these gains depend on the timing of the sale: the buyer of an idea...
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This paper analyzes an entry timing game with uncertain entry costs. Two firms receive costless signals about the cost of a new project and decide when to invest. We characterize the equilibrium of the investment timing game with private and public signals. We show that competition leads the two...
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