How cooperation between innovators and investors influences the innovation process (original) (raw)

2013, Academy of Management Proceedings

AI-generated Abstract

The study investigates the role of institutional intermediaries in facilitating cooperation between innovators and investors, particularly in the context of eco-innovation in Germany. It highlights market failures that hinder the commercialization of eco-innovations and proposes that effective collaboration can enhance the impact of public funding on R&D. Using qualitative evidence from document analysis and interviews, the research emphasizes the need for holistic strategies that address structural gaps in the innovation process, suggesting that intermediaries could serve as platforms to bridge these gaps.

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