This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction … costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of …

. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …

innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

This paper examines the relative influence of domestic and foreign renewable energy policies on innovation activity in … new capacities by increasing their innovation effort. However, the effect on innovation of the marginal wind turbine …

countries on the rate of innovation in this technology. We use annual wind power generation to capture the stringency of the … an indicator of innovation activity. We find that wind technology improvements respond positively to policies both home … constitutes a powerful policy leverage for boosting environmental innovation globally. …