Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 countries over several decades. We show that firms tend to innovate relatively more in clean technologies when they face higher tax-inclusive fuel pr...

Artists, alongside scientists and entrepreneurs, are role models for innovation in our societies. Not surprisingly, arts education is commonly said to be a means of developing skills considered as critical for innovation: critical and creative thinking, motivation, self-confidence, and ability to communicate and cooperate effectively, but also skills in non-arts academic subjects such as mathem...

Is market-based or bank-based financial system better for fostering technological innovation as an engine of growth? I present evidence that bank-based systems promote rapid technological progress in those industrial sectors that depend heavily on external finance for funding innovation by facilitating credit access to younger firms. On the other hand, I also find evidence of a general positive...

To compare the general equilibrium effects of common environmental policies, I develop a model of directed technical change with endogenous exploration for depletable fossil resources, endogenous innovation in technologies for accessing renewable resources, and endogenous innovation in technologies for converting fossil and renewable resources into energy services. I find that a supply restrict...

The faculty of Informatics at the Vienna University of Technology acknowledges the importance of innovation and the specific role of a technical university in this process. It has thus defined innovation as a third pillar of its activities, besides scientific research and teaching. The reason for i2c is not only the overall importance of innovation for social and economic welfare and developmen...

This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in-house and external R&D and at the acquisition of external technology in embodied and disembodied components. These inputoutput relationships are tested on a sample of innovative Italian firms. A sampleselection approach is applied. Results show that in-house R&D is linked to the pro...

This research studies the effect of key strategy and governance choices on chances of success of innovation in software products, and we test our hypotheses based on data from more than 150 professionals in the United States who are responsible for new software product development. We find the right balance of onshore and offshore team members to be more salient in influencing innovation succes...

This study advances research on the return from entrepreneurial orientation by examining how a firm’s internal system (i.e.,SHRM) and the external environment (i.e., technical turbulence) within which a firm operates intervene in the relationship between entrepreneurial orientation and product innovation performance. This study finds that entrepreneurial orientation is positively related to pro...

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 countries over several decades. We show that firms tend to innovate relatively more in clean technologies when they face higher tax-inclusive fuel pr...

In today’s globalized economy, innovations become more and more crucial for the success of enterprises on the global markets. This article presents a reference architecture for an intermediary platform and surrounding ecosystem supporting the Open Innovation process in a network of SMEs and related stakeholders. Its main aim is to foster stakeholder dialogue in networked innovation management, ...