We investigate the impact of mergers on R&D incentives within a framework of R&D competition where effort can influence both the probability of innovation and the payoff conditional on success. Our framework nests the results of two classes of existing models and reveals assumptions that are...

The study aims to examine how technological leapfrogging, as a smart and sustainable adaptation strategy, influences organizational resilience in small and medium-sized manufacturing enterprises (SMEs) of the developing economies. It also highlighted employees' digital capabilities as mediators...

This conceptual paper introduces the theory of Digital Resource Leverage (DRL) to explain how social entrepreneurs transform resource scarcity into digital opportunity within the context of sustainable economic systems. Building on and extending the Resource-Based View and bricolage theory, the...

Industrial policy has returned to centre stage after decades of neglect or worse, yet its revival is deeply ambivalent. This chapter argues that effective and desirable industrial policies rests on the alignment of three mutually reinforcing conditions, namely, first, public measures shaping the...

The 40th birthday of the Schumpeter Society offers an excellent chance to reflect on Schumpeter intellectual heritage, as well as its shortcomings and the subsequent developments. No doubt that reference to Schumpeter has been a precious shortcut to the rediscovery of the crucial importance of...

Formulating decarbonisation strategies with carbon capture, utilization, and storage (CCUS) technologies, as well as integration of an environmental, social, and governance (ESG) strategy into the core business of multinational companies, are highly debated research areas. The former would bring...

We examine the long-term labor market impact of the steam engine, an early general-purpose technology, by linking newly digitized 19th-century records from Prussia to modern German labor market data (1975-2019). Regions with a higher concentration of steam engines per worker in 1875 exhibit...

The adoption of innovations to support technological transitions is widely recognized as a key strategic lever for maintaining competitiveness, but while many studies have explored the general determinants of innovation, less is known about the factors that foster the development of innovation...

Based on panel data from 276 Chinese cities between 2004 and 2021 and applying a difference-in-differences approach, this study explores the relationship between the New Energy Demonstration City (NEDC) policy and local green technological innovation (GTI) capabilities, along with its mechanisms...

Bridging together the Middle-Income Trap (MIT) literature with the Global Value Chains (GVCs) approach may provide a more fine-grained understanding of the middle-income (MI) countries' developmental dilemmas. While the former identifies the structural challenges these countries face, the latter...

We leverage the introduction of the first antibiotic therapies in 1937 to examine the long run effects of early childhood pneumonia on adult educational attainment, employment, income, and work-related disability. Using census data, we document large average gains on all outcomes, alongside...

This paper investigates the relationship between institutional and regulatory quality, and high-tech sector investment. Using data from 25 European Union (EU) countries from 2004 to 2019 (extended to 2023 for artificial intelligence-specific analyses), the study examines how institutional...

The rapid evolution of artificial intelligence (AI) from expert systems and fuzzy logic to sophisticated technologies such as deep learning and big data analytics has transformed modern management practices. This study explores how AI-driven management practices can effectively bridge...

Purpose This conceptual study explores how artificial intelligence (AI) is transforming the nature of work and reconfiguring the experience of humanness, particularly among low-skilled and informal workers. Method Using an integrative literature review methodology, the study synthesises...

Employees' creative ideas are internal resources that may enable organisations to adapt to external change, create competitive advantage, and develop growth opportunities. Managerial rejection of innovative ideas is a significant challenge that may diminish employee motivation and willingness to...

The emergence of artificial intelligence (AI) technologies brings numerous opportunities andchallenges to business innovation. Understanding how firms can leverage AI technologies to create business value, propose responsible solutions to social problems, and achieve sustainable development has...

Most firms aspire to longevity, yet only a minority survive more than their initial years. Unsurprisingly, then, business survival has long attracted the interest of many academics. The various factors thought to influence business longevity have generated multiple studies on ownership status,...

As China's economic restructuring and industrial upgrading advances, hard technology innovation has become a critical driving force for promoting industrial transformation and enhancing corporate market competitiveness. This study focuses on semiconductor listed enterprises from the Shanghai and...

The continuous expansion of income disparities poses serious threats to sustainable socioeconomic development. Concurrently, as a key driver of technological advancement, the influence of innovation on shaping income inequality trends has been extensively debated. This study employs panel...

The deep integration of the digital and real economies provides technological empowerment and strategic support for the innovative development of enterprises in China. This study employs the Latent Dirichlet Allocation model to quantify the balance of ambidextrous innovation by analyzing the...

This paper develops a novel text-based approach to identify CRM-saving innovation using patent data and studies how mineral price signals shape the direction of technological change. Using patent data from 1978–2020, we distinguish technologies that rely on CRMs from those that explicitly aim...