Building on previous research, this study develops a research simulation model for the main factors affecting business innovation performance. It links the properties of knowledge obtained from outside network, firm’s absorptive capacity and the features of a firm’s knowledge network topology to predict innovation performance. We use VB.NET 2005 programming languages to develop simulations to c...

Based on Everett Rogers’ diffusion model, the article explores diffusion dynamics in Chile’s Forestry Industry. Technology adoption is defined as depending upon innovation attributes, collaboration, communication channels, research and development (R&D) capacity, and institutional environment. The attributes of innovation are in turn divided into five sub-factors: comparative advantage, compati...

This article’s main objective was to present a model for measuring research capacity from an intellectual capital-based approach for Colombian higher education institutions ( Instituciones de Educación Superior – IES), forming part of the national science and technology system, in the sense that around 90% of Colombian research groups belong to it. The model should lead to identifying IES capac...

Both knowledge economy and sustainable development are considered key dimensions in the policy action lines of many developed and developing countries. In this context, universities and other higher education institutes have a vital role in developing and sustaining wellbeing communities. In this paper, the authors’ aim is to address the links between the concepts of innovation and entrepreneur...

1. OPEN INNOVATION Open innovation was defined by Henry Ches-broug, a professor at Harvard Business School, in 2003. He believes that in an open innovation model, companies should use internal and external strength to develop new products and to commercialize them (Chesbrough, 2005). Figure 1 shows the open innovation model. In the closed innovation model, the steps from new products developmen...

In today’s networked service economy, it becomes essential for service firms to continuously innovate their service offering to remain competitive in constantly changing market conditions. Many successful firms collaborate with external partners and utilize contemporary information technology (IT) support to integrate dispersed service innovation capacity and knowledge. In this paper, we develo...

This paper aims to examine indigenous innovation and draw implications for sustainable economic growth in China. It investigates China’s capacity and achievements in indigenous innovation at both the macro and micro levels. China’s indigenous innovation is also compared to that in other major economies in the world. It is found that China’s innovation development is well ahead of other economie...

Online communities are becoming an important way to support firms towards an open innovation approach. However, knowledge shared in an online community represents only a potential for firm’s innovation aims. The effectiveness of exploration and exploitation of this knowledge depends on firm’s absorptive capacity. In this work the authors focus on the time an idea, shared within an online commun...

This paper examines the implications for research into the diffusion of innovations (DOI) arising from a growing body of literature in two related fields. The first area concerns the debate on the role of regional and national systems of innovation (NSI) in the innovation process. The second area deals with the argument that enterprises must move from a “closed innovation” to an “open innovatio...