Colombo, Luca; Labrecciosa, Paola - In: Journal of Evolutionary Economics 22 (2012) 5, pp. 1009-1027
forgetting to analyze the optimal management decisions affecting the evolution of the stock of know-how, and, in turn, the … dynamics of productive efficiency. Specifically, we study the long run impact of inter-firm knowledge diffusion on market power … through which knowledge is acquired: (i) passive learning, or learning-by-doing, where managers do not actively invest in …