Competition in Product Design: An Experiment Exploring Innovation Behavior

We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller firms on a duopoly market, engaging in risky search investments. Successful innovation is rewarded through temporary monopoly rents. Throughout the interaction, subjects receive feedback on own and others search success and profit margin. Partitioning subjects into subgroups of investor types reveals that the majority of subjects condition investments on the degree of competition as measured by sales shares, while for others no correlation is ascertained. Heterogeneity in individual risk attitudes and differing experiences with related search tasks may explain this finding

Capacidade de Inovação: Revisão Sistemática da Literatura

This work contributes to consolidate academic research on innovation capacity. A systematic methodology was applied to review the literature since 1991. The recovered literature was analyzed and synthesized into a multidimensional framework composed of 7 determinants of innovation capability - transformational leadership; strategic intent to innovate; personnel management innovation; customer and market knowledge; strategic management of technology; organicity of the organizational structure; and project management that results in performance innovation in products and processes. Additionally, an inventory of management practices that characterize and underpin the aforementioned factors was conducted and presented. The framework and the list of management practices can be used as a basis for future empirical research or as a guide for improving firms' innovation capabilities

Assumption without representation: the unacknowledged abstraction from communities and social goods

We have not clearly acknowledged the abstraction from unpriceable “social goods” (derived from communities) which, different from private and public goods, simply disappear if it is attempted to market them. Separability from markets and economics has not been argued, much less established. Acknowledging communities would reinforce rather than undermine them, and thus facilitate the production of social goods. But it would also help economics by facilitating our understanding of – and response to – financial crises as well as environmental destruction and many social problems, and by reducing the alienation from economics often felt by students and the public

Toward a contingency model of strategic risk taking

Includes bibliographical references (p. 20-25)