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This paper proposes that the specific pattern of innovative activities in an industry can be explained as the outcome of different technological (learning) regimes. A technological regime is defined by four fundamental factors. Building upon the distinction between exploitation innovation strategy and exploration innovation strategy, this paper provides qualitative analysis between patterns of innovation...
Entrepreneurial activities are divided into productive and unproductive activities by Baumol,who highlights the importance of paying special attention to the flow as well as the reallocation of entrepreneurship when cultivating entrepreneurs' innovative abilities,and holds the idea that the role change of government will influence the allocation of entrepreneurship between the two activities. Based...
One of the most imperative initiatives of promoting financial innovation, resisting financial risks, preventing financial crisis and strengthening financial regulation is to keep the balance of financial innovation and financial regulation which are based on ICTs. The authors analyze the ICTs-based mechanism of financial innovation and diffusion. The analysis of its impact on the reform of financial...
Mexico is among the set of countries that look at Science, Technology and Innovation a fundamental mechanism to support competitiveness, reach higher levels of economic growth and increase the social welfare of its citizens. This paper provides a description of the main policy initiatives to foster innovation in Mexico. Afterward, some characteristics of innovation practices in private-sector businesses...
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