This paper gives a comprehensive overview of the commonly used terms jugaad, frugal innovation, frugal engineering, constraint-based innovation, Gandhian innovation, catalytic innovation, grassroots innovation, indigenous innovation, and reverse innovation. Based on that, a conceptual framework...

Entrepreneurs often struggle to find sufficient funding for their start-ups. A relatively new way for companies to attract capital is via an internet platform, locating investors who in return receive something in return for their ventures. Equity crowdfunding is one of several types of...

Die Ausgaben für Forschung und Entwicklung von Wirtschaft und Staat sollen in der Europäischen Union entsprechend der Lissabon-Strategie auf 3% des Bruttoinlandsprodukts gesteigert werden. Deutschland hat das 3%-Ziel bisher nur knapp verfehlt. Aber haben diese Anstrengungen wirklich zu mehr...

Research on R&D performance measures applied in firms is still scarce. Based on the established “R&D laboratory as a system” thinking, systematically derive and identify R&D department level key performance measures. Through a mixed-method approach, grounded in (1) literature and (2) text...

This study focuses on the dilemmas that social entrepreneurs encounter and the practices used to manage dilemmas over time. Using a multi-method approach involving event structure analysis and an inductive multiple case study, we find that four key organizational practices—asset...

Chinese innovation is again flowing westwards, which is fomented by China’s Belt and Road Initiative. In this context, we study the international impact of innovations from specific countries. Based on panel data of patents from 27 countries over 17 years, we find that levels of open...

Attaining competitive advantage is especially crucial for innovative firms. Due to increased competition, firms employ various types of innovation activities to position themselves against their competitors. Ambidexterity and strategic agility have been found to strengthen this position. Whereas...

Balancing value creation and value capture is a fundamental strategic issue for the management of open innovation. Insufficient compensation for created value may hinder the participation of a firm or individual in open innovation. It can thus provide an obstacle to the open innovation process...

Crowdfunding represents an alternative way of funding entrepreneurial ventures - and is attracting a high amount of interest in research as well as practice. Against this background, this paper analyzes reward-based crowdfunding campaign strategies and their communication tools. To do this, 446...