Exploitation and exploration are strongly complementary and both essential for successful innovation, organizational learning, and even organizational survival, although the simultaneously pursuit of both appears to be very difficult. In the literature, several studies focus on the issue of balancing exploration and exploitation at the firm level, while poor attention has been paid to firms’ […]
Purpose – The aim of this paper is to present a computational laboratory to explore how to support the development of Regional Innovation Systems (RISs) in so-called lagging regions. Over the years, models and tools to define effective innovation policies have been developed. Notwithstanding, there is a strong discrepancy among proposed theoretical frameworks, innovation policies […]