This paper explores the relationship between innovation and firm growth for firms of different
ages. We hypothesize that young firms undertake riskier innovation activities which may …

German Mittelstand firms are part of an institutional setting characterized by tightly knit
relationships with internal and external stakeholders, which makes it more difficult for these …

Today's highly competitive and rapidly changing environment makes innovation more
challenging, costly and risky for companies. To overcome these challenges and to decrease …

In the current global economic landscape, it is virtually impossible for any single firm to stay
abreast of all relevant technological advances. Thus integration in global innovation …

External innovation increases the profits of the median firm, but also increases dispersion
and the kurtosis of the distribution of profits. This means that external strategies are risky and …

This paper aims at showing how quantile estimations can make the analysis of the firm's
production function better able to deal with the innovation implications of production. In order …

Scholarly interest in the relationship between open strategies and innovation performance
has been unfailing, and in recent years has even increased. The present paper focuses on …

Product innovation is the result of a constant interaction between the in‐house research and
development (R&D) department and knowledge exchanges with the firm's environment …

This article examines how productivity effects of human capital and innovation vary at
different points of the conditional productivity distribution. Our analysis draws upon two large …

This paper investigates the relationship between new product introduction, and three
constructs (search, collaboration and external R&D) developed to capture the different …