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 …

Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … importance of social networks in promoting innovation and reducing uncertainty. Our findings suggest that this “social” aspect of …

This paper presents a systematic analysis of the net economic benefits associated with the Small Business Innovation … infer from these calculations, and from general knowledge about the ability of SBIR-funded firms to exploit their monopoly …

We investigate the impacts of the U.S. publicly-funded Small Business Innovation Research (SBIR) program’s funding on …

development. It is predicated on the spillover of knowledge from universities to commercialization. The literature has focused on … demand for university-based knowledge and university-developed technology. We identify links between businesses and the … university as a key conduit facilitating the spillover of knowledge using data on the Department of Energy’s Small Business …

The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the … thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how … innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship …

infrastructure in the United States, and they are important as a possible element of our national innovation system. …