Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/146866 
Year of Publication: 
2016
Citation: 
[Journal:] Journal of Innovation and Entrepreneurship [ISSN:] 2192-5372 [Volume:] 5 [Issue:] 24 [Publisher:] Springer [Place:] Heidelberg [Year:] 2016 [Pages:] 1-13
Publisher: 
Springer, Heidelberg
Abstract: 
Innovation research has developed a broad set of methodological approaches in recent decades. In this paper, we propose laboratory experiments as a fruitful methodological addition to the existing methods in innovation research. Therefore, we provide an overview of the existing methods, discuss the advantages and limitations of laboratory experiments, and review experimental studies dealing with different fields of innovation policy, namely intellectual property rights, financial instruments, payment schemes, and R&D competition. These studies show that laboratory experiments can fruitfully complement the established methods in innovation research and provide novel empirical evidence by creating and analyzing counterfactual situations.
Subjects: 
Innovation research
Laboratory experiments
Methodology
JEL: 
C90
L50
O38
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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