Technological innovation is defined as a process of conceiving or gathering new functionalities or characteristics for a product or production method. In this movement, shifts in quality or productivity that are able to adapt a business or a service to the market reality are explored. It can be classified as product innovation, when introduced into the market, or process innovation, when used i...

A major technology shock can have a profound effect on numerous economic activities and outcomes. A technology shock may simultaneously unleash significant innovation opportunities, while creating great uncertainty in the economic environment. Though it is well-known that firms often use alliances both to respond to uncertainty and facilitate innovation, little is known about how technology sho...

The present study aims at investigating the role of risk in the activity of independent technological venturing. Altogether 12 deep-interviews were conducted with technological entrepreneurs, who had taken part in the inventive, developmental and the commercialisation phases of a technologybased innovation process. The interviews revealed a number of enactment approaches through which these inn...

This paper analyzes the cooperative model as a trend towards new types or relations within National Innovation Systems. Based on the review of the evolution of the national innovations systems and the analysis of the meaning of cooperation in the technological field, we expose that a cooperative innovation system model fulfill the ultimate objective of satisfying the technological requirements ...

I am pleased to speak with you today on technological innovation in the financial services sector. As you may know, technology and its impact have been key areas of focus at the Federal Reserve in recent years. As my colleagues on the Federal Reserve Board have often noted, technological innovation affects not just banking, financial services, and regulatory policy, but also the direction of th...

Based on the needs of the Regional Scientific and Technological Innovation Platform, innovations evaluation system was established by AHP. In order to simulate the experts’ experiences and thinking, we used the improved BP neural network model. After training by putting in actual data, the improved BP neural network model was put in use to evaluate and manage the innovations created by the Regi...

The authors propose measures to prevent a clash between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim is to stop de-globalization trends, avoid protectionism, foster inclusive technological innovation, compensate the losers of globalization in developed economies and reassure the winners in emerging economies. It...