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SUMMARY The paper argues that innovation processes can be cognitive, organisational and/or economic. They happen in conditions of uncertainty and (in the capitalist system) of competition. Three broad, overlapping sub-processes of innovation are identified: the production of knowledge; the transformation of knowledge into products, systems, processes and services; and the continuous matching of...

This paper studies offshoring (defined as a change in firms’ own production location from north to south) and market structure. I develop a model of dynamic oligopoly with offshoring, and estimate it using data from the hard disk industry. The results suggest the incentive to offshore increases as more rivals offshore due to competitive pressure. The possibility of offshoring sets in motion the...

the inssurance industry is one of the service industries has significant competition and innovation. with regard to importance of innovation issue for top managers of iranian insurance companies, a conceptual model has been developed for corporate innovation capability concept. in this paper, after describing the research problem, innovation concept with comparative review of recent theories of...

Adoption of innovation strategies in entrepreneurship is an age old phenomenon, but inclusion of open innovation or collaborative innovation strategies in the business processes is a newly evolved concept. By far, most research reveals that the majority of successful global ventures are adopting open innovation strategies in their business proceedings. However, despite their contribution to ent...

the extensive use of traditional irrigation systems has led to overexploitation of groundwater and overuse of surface water in theurmia  lake catchment (ulc) area ofiran. the purpose of this study was to model the adoption process of drip irrigation system (dis) by apple orchardists (aos) using the five stages of roger’s model for innovation decision process (idp). survey method of applying que...

Denicolò and Polo (2018) show that the result of Federico et al. (2017), i.e., horizontal mergers reduce R&D investments merged firms compared to non-cooperation, holds provided probability failure in is log-convex investments. We provide a different reason for innovation raising merger. if invest process innovation, merger may increase even as considered (2017). also expected consumer surplus ...

The theme of this paper is innovation as a continuous process that drives the global economy today. goal to theoretically and practically explore definition basis business for solving existing problems organizations and/or people in radically different way generates high utility all stakeholders innovating placing particular on market. Relevant scientific professional literature field economics...