The New Institutional Economics made various contributions to the field of innovation
management. Two specific areas of contribution are highlighted in this paper. The …

A central tenet of resource‐based logic is that undervalued resources utilized by firms
organized to exploit them will produce superior economic performance over the long run …

To add insight in new value creation, opportunity discovery should be integrated with
strategic management theory. Based on the resource‐based view and the economics of …

Venture capital has changed under the influence of a new generation of industry
participants. Competition for ever increasing pools of capital, combined with an increasingly …

Interest in intellectual property and other institutions that promote innovation exploded
during the 1990s. Innovation and Incentives provides a clear and wide-ranging introduction …

Overview Can Japan mobilise enough venture capital to finance its promising venture firms
and to support its advance into high-tech? This is one of the most important strategic issues …

The Netherlands and Belgium are said to lose momentum as leading knowledgebased
economies. There have been many debates as to what explains this and what policies might …

DURING THE FIRST HALF of the twentieth century, the locus of innovation was the
corporate lab, housed inside the research and development departments of large …

It is hard to disagree with the proposition that after long neglect the theory of the firm, broadly
conceived, has now become a significant growth industry. However, it is fair to say that the …

What can studying the creation of knowledge tell us about how new technical fields emerge
and develop? This paper shows how a knowledge community may be necessary to support …