We relate the sources of innovation market failure to the dominant mode of sectoral innovation and outline mechanisms for public support of innovation that target specific sources of innovation market failure. q 2000 Elsevier Science B.V. All

The objective of this research is to understand how startups and established companies perceive the factors that are critical cooperation between them in context corporate incubation programs. We interviewed innovation managers, analysts, project leaders from three large entrepreneurs interacted with these companies. results show have different perceptions regarding insufficient dedication prog...

The main goal of the OPEN IDEA Project is the development of a platform which efficiently manages the innovative ideas within an organization by using semantic technologies and natural language processing. The main challenge of this system is to promote the concept of Open Innovation in the enterprise by making easier the interaction between the organization users and the innovative ideas propo...

In this paper we model the pathways commonly traversed as user innovations are transformed into commercial products. First, one or more users recognize a new set of design possibilities and begin to innovate. They then join into communities, motivated by the increased efficiency of collective innovation. User-manufacturers then emerge, using high variable cost / low-capital production methods. ...

This case examines the opportunities, benefits, and risks associated with online crowdfunding, which allows entrepreneurs to finance the development of new products and build a community of customers. The case describes how the founder of a startup company came up with the entrepreneurial idea and leveraged Kickstarter to establish and grow his company. The case elaborates how crowdfunding faci...

This study explores the effectiveness of an intra-firm online distributed innovation initiative, in the form of a Stock Market for Innovation (SMI). As in traditional stock markets, the SMI is prone to gambling activities. Controlling for a set of previously studied motivational factors affecting innovation performance, we study the impact of gambling behavior on effective innovative performanc...

Outsourcing has been considered as an important source of innovation, nowadays. The paradigm of open innovation suggests that valuable ideas may occur either inside or outside the company, as in the Information Technology (IT) outsourcing. In view of the emerging paradigm of open innovation, this paper analyzes the IT outsourcing process as an external source of open innovation. This research h...

The identification of technologically innovating firms is related to the development of indicators of their innovation activity. In this study, we carry out a review of indicators of firms’ technological innovation activity and then classify them according to whether they are based on inputs or outputs of the innovation process, and to the sources of the information they consider, whether prima...

Innovation activities contribute essentially to the regional dimension and growth. The technological infrastructure and innovation capabilities affect not only the regional growth, but also the whole periphery and economy as well. In the last decades, OECD /introduced some measures and indexes, concerning the Research and Development Expenditures, patents etc., that measuring the innovation act...

SME innovation strategy and motivation has become one of the most challenging subjects of innovation policy. New innovation models proposed recently have captured the attention of policy makers. However, these models seem for the most part to be applicable to medium-sized or large enterprises. The objective of this paper is to analyse the open innovation model in the case of outsourced cooperat...