The influence of industry downturns on the propensity of product versus process innovation
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This thesis comprises three essays on the relationship between innovation and finance. Although previous research has acknowledged the multi-faceted nature of innovation, this thesis unpacks its constituent elements, compares alternative drivers of innovat ...
Previous research has shown that innovation can have various sources and different forms. Innovation can thus be developed by different types of organizations or individuals for several reasons, and it can be related to product or process technologies. One ...
In a network industry like railways, major systemic innovations and new technological trajectories are tightly connected to national institutional frameworks and policies. The major transformation occurring in Europe brought by the liberalization and harmo ...
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