An extensive empirical literature indicates that, even without formal intellectual property rights, innovators enjoy a variety of first-mover advantages and that `imitation' is itself a costly activity. There is also accumulating evidence that an `open' approach to knowledge production can...

Networks broaden the space for sourcing knowledge and skills for innovation in tourism beyond traditional actors and provide the framework for interactions, cooperation and knowledge sharing among them. The research focuses on complex relationships between the actors linked via web platform in...

This paper analyzes the relationship between R&D expenditures, innovation and productivity growth, taking into account the possibility of persistence in firms’ behaviour. We study this relationship for a sample of Spanish manufacturing firms between 1990 and 2005, estimating a model with four...

Purpose: Over time, technological intensity has been used as a proxy for innovation capability of firms in an industrial sector. However, not only firms belonging to the stratum of high technological intensity are able to innovate. Therefore, this study aims to explore a potential association...

Robotics technology and the increasing sophistication of artificial intelligence are breakthrough innovations with significant growth prospects and the potential to disrupt existing economic and social facets of everyday life. Few studies have analyzed the developments of robotics innovation....

The need for continuous sustainable innovation reflects a way in which firms overcome inertia and respond to changes in the external environment. In manufacturing firms, the primary source of innovation comes from product-related innovation (product innovation) and technology-related innovation...

Managers of established firms as well as emerging firms continually search for unique strategies that ensure better returns with minimal risk, and that enable their businesses to effectively outsmart the competitive challenges by attaining the advantages in terms of innovation, cost efficiency...

This paper explores the possibility that a firm may make a credible strategic commitment to high levels of innovation by limiting its horizontal or vertical scope. Specifically, I develop a model in which a firm decides whether to undertake an innovation that affects a system of products, which...

As it is often the case, innovations may originate as a by-product of quality initiatives. In the presented paper, our goal was to design a concept for cost benefit analysis (CBA) with regard to quality improvement projects. The creation of this concept was a response to a need for proving...

Literature suggests that new product development (NPD) is critical for industrial firms to gain a competitive advantage. Intriguingly, the systematic application of NPD tools in industry, despite the extensive effort that has been invested and the benefits that can be obtained, remains mostly...