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There are many aspects of failure that could be of value to the organization performance. Failures are results that do not confirm previous expectations and show where and how organizations were unable to cope with the external environment. Failure appears to be relevant in driving innovative activity, as it operates as a supplementary element to build the organizational knowledge. The impact of failure on innovative activity might have positive implications, especially once they are considered within a dynamic rather than a static framework.

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Richard Leoncini

Riccardo Leoncini

University of Bologna

Riccardo Leoncini is Full Professor of Economics at the University of Bologna and Research Associate at IRCrES-CNR of the Italian National Research Council. He has been recently awarded a Senior Fellowship at the Freiburg Institute for Advanced Studies (FRIAS) of the...

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