Opening the technological innovation black box: The case of the electronics industry in Korea

European Journal of Operational Research, pp. 192-203, 2016.

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EI
Keywords:
R&D investmentTechnological innovationInvestment portfolioProduct portfolio complexityProduct architecture complexity

Abstract:

•We model a system dynamics to uncover the hidden technological innovation black-box.•Investments in product innovation maximize a firm's profits in the long run.•Product portfolio complexity is a constraint on new product introduction.•Process innovation is a facilitating factor for achieving time to market.•Product and process innovatio...More

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