This paper explores the interrelationship between R&D investment, financial leverage, and a firm's R&D innovation … success. Using a sample of UK and EU firms, we predict that changes in one-year-ahead R&D investment are negatively associated …&D innovation success. Our empirical findings offer strong support for each of our theoretical predictions. Consequently, we …

Open innovation is key for innovators responding to major problems in the world, including energy, healthcare, water …-off companies as a channel of market introduction of new technology and responsible innovation. Although rich in technological … knowledge, these companies suffer from lack of other resources, in particular, time, management experience and investment …