What hampers innovation? Revealed barriers versus deterring barriers

Barriers to medical device innovation

The US Food and Drug Administration (FDA) has defined a medical device as a health care product that does not achieve it's purpose by chemical action or by being metabolized. This means that a vast number of products are considered medical devices. Such devices play an essential role in the practice of medicine. The FDA classifies medical devices in three classes, depending on the risk of the d...

Overcoming Barriers to Disruptive Innovation in Networking

Business Model Innovation: Opportunities and Barriers

Companies commercialize new ideas and technologies through their business models. While companies may have extensive investments and processes for exploring new ideas and technologies, they often have little if any ability to innovate the business models through which these inputs will pass. This matters the same idea or technology taken to market through two different business models will yiel...

Barriers to innovation and subsidy effectiveness

This paper explores the effects of commercial subsidies to R&D by means of a model of firms’ decisions about performing R&D when some government support can be expected. The model is estimated with an unbalanced panel sample of more than 2,000 performing and non-performing Spanish manufacturing firms. For the non-performing firms, we compute the trigger subsidies required to induce R&D spending...

Barriers to IoT Business Model Innovation

The Internet of Things (IoT), in which virtually all physical things become connected to the internet, promises enormous economic potential. The IoT might disrupt entire industries and it forces companies to rethink their current business activities. In light of these challenges, research on business model innovation (BMI) can offer promising insights. This research paper aims to contribute to ...