We extend the resource-based perspective to explain innovation in new firms that have yet to develop resources. Using data on firms’ efforts to commercialize technological inventions, we tested a model of the environmental conditions under which new firms’ lack of resources alternately promotes or constrains innovation. We found that new firm innovation is greater in competitive and small marke...

this paper identifies the major political and economic constraints that impact the demand-side of electricity industry re-structuring processes. These constraints have been a major barrier to implementing effective restructuring processes in many countries, particularly those in the developing world. The paper describes how these constraints have been addressed and how this has harmed market ef...

Part of human cortex is specialized for cultural domains such as reading and arithmetic, whose invention is too recent to have influenced the evolution of our species. Representations of letter strings and of numbers occupy reproducible locations within large-scale macromaps, respectively in the left occipito-temporal and bilateral intraparietal cortex. Furthermore, recent fMRI studies reveal a...

Inventions have been the technological advances of mankind [...]

This paper outlines a new model for understanding biological invention, based upon an extensive study of human inventiveness originating in Russia shortly after the Second World War. This science, known as the Theory of Inventive Problem Solving and referred to by the Russian acronym TRIZ, relies upon the study of human patents to reveal general principles of invention. TRIZ recognizes two dist...