The changing context for agricultural development has highlighted a strong need to understand and adoptinnovation systems thinking. Science, technology and innovation policy has equated rural development toagricultural development. The main objective of this paper was to examine the role of innovation capacity inagricultural sector. With the growing diversification of rural livelihood options i...

The paper suggests an accounting-based methodology for defining open innovation business models, by analysing investments and divestments of intangibles, either in separate transactions (trading) or within business combinations, mergers and acquisitions (incorporation). The framework is applied to a sample of 274 science based companies in bio-pharmaceutical and technology hardware & equipment ...

Due to the rapid changing environment, shortening product life cycles, and increasing cost of R&D (Research and Development), the company cannot maintain its competitiveness by only relying on its internal R&D capability. Unlike the traditional closed innovation in the enterprise, open innovation and wikinomics have changed the innovation model and create a new way to success. The concepts of o...

We offer a new algorithm for analyzing innovation timing games. Its main advantage over the traditional approach is that it applies to problems that had previously been intractable. We use the algorithm to examine two classical innovation problems. We find that the competition takes the form of a waiting game with a second-mover advantage either for any level of R&D costs (process innovation) o...

Virtual labs for science experiments are a multimedia technology innovation. A possible growth pattern of the perceived critical mass for virtual labs adoption is modeled using (N=240) potential-adopter teachers based on Roger’s theory of diffusion and of perceived attributes. Results indicate that perceived critical mass influences behavior intention to adopt a technology innovation like Virtu...

A theoretical framework is constructed to derive general conditions under which increased buyer power weakens or strengthens a supplier’s incentive to innovate. These conditions are then applied to two sets of specific models: one on product innovation and the other on process innovation. The analysis shows that the effects of buyer power depend on the type of innovation, the source of buyer po...

We analyse the hitherto unexplored relationship between intra-firm conflict between the research and development (R&D) department and central management, conflict alleviation and the choice of ‘open’ versus ‘closed’ innovation, in the context of a simple formal model. We find that in the presence of (intentional or unintentional) divergence of preferred (R&D) output between the R&D department a...

The study of the relationships between innovation and the competitiveness of industries is an important topic for both, academic research and economic policy. The huge economics literature flourished in the last couple of decades on the subject broadly falls into two distinct research traditions, namely themainstreamR&D spillovers approach and the evolutionary economics view. Both traditions ag...

Innovation has become one of the most important issues in modern knowledge society. As opposed to radical innovation this paper introduces the concept of Emergent Innovation: this approach tries to balance and integrate the demand both for radically new knowledge and at the same time for an organic development from within the organization. From a more general perspective one can boil down this ...