1. Importance of Permanent Innovation Activity 2. A System Dynamics Perspective of R&D and Innovation Diffusion Models 2.1. Modeling R&D Processes 2.2. Innovation Diffusion Models 3. Integrating the Models of R&D, Innovation and Diffusion 3.1. Basic Behavior of the Holistic Model 3.2. Interactions between the Stages 3.3. Pricing in the Holistic Model 4. Implications for Management Glossary Bibl...

This paper provides a critical review of firm-level innovation models based on research in the industrially advanced countries (IACs) and draws implications for firms in industrialising countries such as Korea and Taiwan. The paper summarises different categories of innovation model and identifies their achievements and weaknesses, showing how a few researchers have successfully linked IAC mode...

this question has always been put forward in the mind of curious people why some countries have developed termed in spite of very few natural resources and facilities while other countries have not developed in spite of having more suitable resources and facilities. various factors such as economy, culture, geography, etc. are perhaps a background to answer this question, but there is a more im...

the purpose of this paper is to make explicit how companies in pharmaceutical sector can ensure their position in different markets by relying on a sustainable competitive advantages resulted from using a good defined marketing model. various factors are highlighted including high research and development roles and costs, hard government regulation in frame of gmp standard, market analysis tool...

The purpose of the article is the establishment of the tightness of the connection between the various sources of financing and the introduction of innovations at enterprises. In the process of research such scientific methods have been used: modeling – to determine the influence of the source of funding for innovation activities, on the number of new technological processes introduced and the ...

abstract: with regard to the basel committee’s emphasis on the necessity of using 10-day value-at-risk (var) internal models in order to determine minimum market risk capital requirements, and downsides of the square-root-of-time rule, our purpose is to produce more accurate forecasts of the multi-period var using sixteen models for three stock indices, the tepix, nasdaq, and ftse. the results,...

This paper contributes to explaining how and why distinct games of innovation emerge by suggesting that games are nested in innovation systems with persistent innovation dynamics. Dominant lifecycle models focus on how innovation systems transit from an effervescent stage, to product innovation, to process innovation, and so on. They propose specific mechanisms and limiting conditions that affe...

Many recent books and articles stress that one key to long-term organizational health is a systematic process of new product design, development, and introduction. Innovation is accompanied by costs and risks, both of which can be controlled through a well-conceived program of new product development. A key ingredient in such a program should be the use of sound, explicit models for planning an...