• De financiering van hoogtechnologische startende ondernemingen in Vlaanderen

      Manigart, Sophie; Struyf, Carol (Economisch en Sociaal Tijdschrift, 1995)
    • Degrowth and collaborative value creation: Reflections on concepts and technologies

      Hankammer, Stephan; Kleer, Robin (Journal of Cleaner Production, 2018)
      The concept of degrowth aims fundamentally at reducing material and energy throughput equitably, while questioning the desirability of further economic growth. In order to achieve this reduction of society’s throughput, radical changes in the ways goods and services are produced, distributed and used are required. In this think piece, concepts of consumer integration into the value creation process and (new) enabling technologies are discussed as possible constituting elements of alternative organizational models in a degrowth society. To date, collaborative value creation concepts, such as crowdsourcing and mass customization, have been discussed almost exclusively as business model patterns for companies in economies that are set to grow. The same applies to the assessment of (new) technologies, such as additive manufacturing, web-based user interfaces for co-creation, and other flexible production technologies that allow for collaborative and individualized production. Potential positive and negative effects of these concepts and technologies with regard to the objectives of degrowth are discussed in order to initiate a debate about the inclusion of CVC for the design of alternative organizational models that are in line with degrowth thinking. This think piece illustrates that several elements of collaborative value creation and its enabling technologies coincide with degrowth objectives but do not lead per se to their attainment. Thereby, a starting point for future (empirical) work in this area is generated.
    • Do human capital and fund characteristics drive follow-up behaviour of early stage high-tech VCs?

      Knockaert, Mirjam; Lockett, Andy; Clarysse, Bart; Wright, Mike (International Journal of Technology Management, 2006)
    • Economic implications of 3D printing: Market structure models in light of additive manufacturing revisited

      Weller, Christian; Kleer, Robin; Piller, Frank (International Journal of Production Economics, 2015)
      Additive manufacturing (AM), colloquially known as 3D printing, is currently being promoted as the spark of a new industrial revolution. The technology allows one to make customized products without incurring any cost penalties in manufacturing as neither tools nor molds are required. Moreover, AM enables the production of complex and integrated functional designs in a one-step process, thereby also potentially reducing the need for assembly work. In this article, we discuss the impact of AM technology at both firm and industry level. Our intention is to discern how market structures will be affected from an operations management perspective. Based on an analysis of established economic models, we first identify the economic and technological characteristics of AM and distill four key principles relevant to manufacturers at firm level. We then critically assess the effects of AM at industry level by analyzing the validity of earlier assumptions in the models when these four principles apply. In so doing, we derive a set of seven propositions which provide impetus for future research. In particular, we propose that in a monopoly, the adoption of AM allows a firm to increase profits by capturing consumer surplus when flexibly producing customized products. Meanwhile in competitive markets, competition is spurred as AM may lower barriers to market entry and offers the ability to serve multiple markets at once. This should ultimately result in lower prices for consumers.
    • Environment, Network Interactions and Innovation performance of industrial clusters: Evidences from Germany, Netherlands and China

      Zhao, Y.; Zhou, W.; Hüsig, S.; Vanhaverbeke, Wim (Journal of science and technology policy in China, 2010)
    • Exploration and exploitation in Innovation: Reframing the interpretation

      Li, Ying; Vanhaverbeke, Wim; Schoenmakers, Wilfred (Creativity and Innovation Management, 2008)
    • Exploring a theoretical framework to structure policy implications of OI

      De Jong, Jeroen; Kalvet, Tarmo; Vanhaverbeke, Wim (Technology Analysis & Strategic Management, 2010)
    • Exploring the Impact of Open Innovation on National Systems of Innovation - a Theoretical Analysis

      Wang, Yuandi; Vanhaverbeke, Wim; Roijakkers, Nadine (Technological forecasting and social change, 2012)
      This paper investigates the impact of open innovation on national systems of innovation. The open innovation concept has become widely established among scholars and practitioners. However, an overview of its impact on national innovation systems is still lacking. Given that the innovating firm is at the core of national innovation systems, a better understanding of shifting innovation strategies at the firm level is of fundamental importance to the actions of policy-makers within the national innovation systems framework. Based on the main analytical approaches of national innovation systems and the current state of open innovation research, we argue that open innovation practices have at least three critical effects on national systems of innovation: (a) they reinforce its importance; (b) they improve its effectiveness; and (c) they diversify its networks.
    • External Professional Management in a University Spin Off: Friend of Foe?

      Moray, Nathalie; Clarysse, Bart (Iniciativa Emprendedora. Con la colaboracion académica del IESE, 2004)
    • F&E komplementarit aten bei KMU

      Kleer, Robin (ZfKE – Zeitschrift für KMU und Entrepreneurship, 2012)
    • Financing the high technology startups in Belgium: an explorative study

      Manigart, Sophie; Struyf, Carol (Small Business Economics, 1997)
      The results of an explorative study on the financing of 18 high technology Belgian startups are reported. On a counts basis, the most important sources of financing at the startup are the entrepreneurs and the banks, but the sources that provide the largest amounts of funds are the venture capital companies and private investors. Private investors and venture capitalists have a complimentary role, with the former investing mostly at the startup and the latter financing the early growth. The role of the government, universities and other companies is limited.
    • Getting an Insight in the Determinants of New Product Introductions of US Biopharmaceutical Start-ups

      Clarysse, Bart; Debackere, Koenraad (International Journal of Biotechnology, 2000)
    • Going beyond the hardcore of innovation. Non-technological and non-economic dimensions of innovation systems

      Roth, Steffen; Wetzel, Ralf; Müller, K. (International Journal of Innovation and Regional Development, 2011)
    • Government R&D subsidies as a signal for private investors

      Kleer, Robin (Research Policy, 2010)
      Government subsidies for R&D are intended to promote projects with high returns to society but too little private returns to be beneficial for private investors. This may be caused by spillovers or a low appropriability rate. Apart from the direct funding of these projects, government grants may serve as a signal for good investments for private investors. We use a simple signaling model with different types of R&D projects to capture this phenomenon. The agency has a preference for basic research projects as they promise high expected social returns, while banks prefer applied research projects with high private returns. In a setup where the subsidy can only be used to distinguish between basic and applied research projects, government agency’s signal is not very helpful for banks. However, if the subsidy is accompanied by a quality signal, it can lead to increased or better selected private investments.
    • Het DNA van een innovator

      Remue, Jonathan (HR Magazine, 2010)
    • How open innovation can help firms deal with crisis

      Vanhaverbeke, Wim; Roijakkers, Nadine (Adaptive Options, 2009)
    • Influence of the environment on the starting configuration of research based spin-offs in Europe

      Clarysse, Bart; Heirman, Ans; Degroof, Jean-Jacques (STI Review, 2000)
    • Innovation for growth in mature industries: Solvay's influenza business

      Crijns, Jeroen; Palache, Bram; Vanhaverbeke, Wim (Journal of Knowledge-based innovation in China, 2009)
    • Innovation in Financial services - Beyond the red castle

      Cumps, Bjorn; Van Dyck, Walter (Global Banking and Finance Review, 2014)
      Even though we have witnessed a number of helpful innovations in recent years (i.e. mobile banking apps, QR-code based peer-to-peer payments, digital advisors, gamified savings accounts etc.), I think it is fair to say that banks and insurance companies are not the most innovative organisations around. Despite this, change is in the air and there are signs that the finance industry is finally beginning to realise the importance of innovation – but it is also clear that there is a long road ahead if banking is to catch up with other sectors such as I.T and Healthcare.