Using the example of open source software, this study examines the effect of opening up the innovation process on the market value of firms. In a sample of 30 software companies in the time span from 1 January 1999 to 30 April 2007, I find that market valuation is strongly influenced by the business model firms choose for their open innovation efforts.  read more »

This paper presents an empirical analysis of the determinants of research cooperation between firms and Public Research Organisations (PROs) for a sample of innovating small and mediumsized enterprises. The econometric analysis is based on the results of the KNOW survey carried out in seven EU countries during 2000.  read more »