We study the effect of different information sources on diffusion between and within companies. Our model of economically optimising farmers replicates results from dual process persuasion theory, and predicts that inter-firm diffusion will be primarily affected by reliable, easily accessible...

Financing innovation presents informational and control problems for the financier, and different solutions are used for funding of US companies and universities. In this paper we examine how funding characteristics influenced the change in innovation during the 2007-8 financial crisis for both....

We look at the effect of the US Sarbanes-Oxley (SOX) financial regulation on industrial innovation. Our theoretical framework shows it creating immediate uncertainty about its costs and future resolution of cost and managerial performance uncertainty. Real option value is created for investment...

We consider the problem faced by a manager commissioning an innovative product requiring multi-stage sequenced innovation, when innovating agents have different costs and information transfer is expensive. We specify their optimisation problem and present a polynomial time solution method. We...

We look at the effect of the US Sarbanes-Oxley (SOX) financial regulation on industrial innovation. Our theoretical framework shows it creating immediate uncertainty about its costs and future resolution of cost and managerial performance uncertainty. Real option value is created for investment...

This paper introduces a flexible method based on dynamic programming to calculate the quantitative value of any approach to managing the innovation process. The quantification lets managers precisely compare the values of different approaches, and so identify those that are optimised for their...

In this paper, we examine the changes in innovation by US companies, non-US companies, and US universities during the 2007-8 financial crisis. Our theoretical framework describes their different solutions to the informational and control problems associated with innovation funding, and how a...

In this paper, we examine the changes in innovation by US companies, non-US companies, and US universities during the 2007-8 financial crisis. Our theoretical framework describes their different solutions to the informational and control problems associated with innovation funding, and how a...

This paper assesses how financial regulation, in the form of the Sarbanes-Oxley Act (SOX), affects industrial innovation. We describe the decision faced by an investor considering an innovative project before, at the time of, and subsequent to SOX. SOX is shown to create a real option value for...

This paper assesses how financial regulation, in the form of the Sarbanes-Oxley Act (SOX), affects industrial innovation. We describe the decision faced by an investor considering an innovative project before, at the time of, and subsequent to SOX. SOX is shown to create a real option value for...