New study reveals best innovation mode for maximum societal impact!
The article compares different ways companies can innovate in a competitive market with uncertainty. It looks at how uncertainty affects innovation and analyzes the impact of various factors on investment decisions and company profits. The study focuses on three common innovation modes and how they are influenced by technological spillovers, product complements, and cooperative trust. The goal is to help companies choose the best innovation mode to improve their technological capabilities in uncertain environments.