The generation of new varieties is crucial for economic growth. The capitalistic mode of production has shown over time a remarkable capability of setting incentives for economic actors to create new products and processes. Concerning the development of new products, the incentives lie in the...

This paper introduces three new Anova-type consistent estimators of variance components for use in multi-way unbalanced error components models, with possibly non-normal errors and endogenous regressors. They are easy to compute and are proved to be consistent under mild regularity conditions....

This paper investigates the skills and the division of labor among participants in collective inventions. Our analysis draws on a large sample of projects registered at Sourceforge.net, the world’s largest incubator of open source software activity. We test the hypothesis that skill variety of...

Modularity scholars argue that modular architectures lead to higher strategic flexibility through mass customisation and through both incremental and architectural innovation. There is little empirical evidence, however, on whether modular firms actually achieve the expected advantages. In this...

Theorizing on hypercompetition and temporary advantages calls for developing theory and empirical evidence about whether and why competitive advantages may be becoming less sustainable. Our study attempts to contribute to such an endeavour by examining 1319 firms in United States and 700 firms...

Product innovation research has matured substantially in the last two decades. A great deal of knowledge has been produced on various aspects of the discipline, so it is of interest to assess the state of the art the scientific community has reached in this discipline, and the route it has...

Governance is exposed to criticism. In situations of corporate and political failure, criticisms of governance failure abound and calls for new oversight often follow promptly. Similarly, the field of corporate governance research is exposed to criticism, too. While encompassing contributions...