Innovation Networks in the German Laser Industry: by Muhamed Kudic

By Muhamed Kudic

Technological innovation is prime to company functionality and monetary prosperity. the purpose of this publication is to give a contribution to an in-depth realizing of collective innovation strategies by way of examining publicly funded R&D cooperation and innovation networks within the German laser undefined. status in a neo-Schumpeterian culture, it employs interdisciplinary analytical strategies and attracts upon a different longitudinal dataset from the laser that covers greater than twenty years of observations. briefly, the booklet makes a helpful contribution by way of exploring how and why firm-specific R&D cooperation actions and community positions, large-scale community styles, and evolutionary community switch approaches have an effect on the leading edge functionality of laser resource brands in Germany.

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In Sect. 4 we draw upon the knowledge-based theory of the firm to establish the theoretical linkage between knowledge, competitive advantage and firm performance. In Sect. 5 we look at key concepts from interdisciplinary alliance and network research. Finally, in Sect. 6 we uncover links to previous research and discuss our own contribution in light of the previously outlined theoretical concepts. 1 The Classical-Neoclassical Paradigm in Economics We’ll start by taking a brief look at the classical-neoclassical paradigm in economics.

1. 8 For a literature review and discussion of contemporary research in the field, see Sect. 2. 4 13 Research Design and Plan of the Book The research design guides and structures the entire research process. Designing the research project requires some fundamental decisions at quite an early stage. The initial question that needs to be addressed is whether to apply a theory-building or a theory-testing strategy (De Vaus 2001, p. 5). This book is governed by a deductive theory-testing approach.

59). Economic growth models in the neoclassical tradition prospered in the mid-twentieth century. Mainstream economics did not account for technological change processes at all or treated technological change as an exogenous factor. For instance, the “Harrod-Domar” model (Harrod 1948; Domar 1948) explains economic growth on the basis of a maximum long-term growth rate and a warranted growth rate (Rutherford 2007, p. 5 The prevailing economic doctrine at the time was that capital accumulation was much more important than technological progress in explaining economic growth (Swann 2009, p.

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