contrasts with the standard argument that human capital generates growth in urban areas solely through local knowledge …

agglomeration economies, a knowledge variable is assumed. Returning to a two location economy one is able to assess in graphical … terms the relation between distribution of knowledge and location of economic activities. …

of Practice” (CoP) for understanding the dynamics of knowledge creation and sharing in Industrial Districts (IDs). The … repository” of knowledge. The source of the concept of agglomeration of firms in ID is completely different. Anyway, many …, it explains the three main concepts useful for understanding further argumentations: knowledge, ID, CoP. Next, it offers …

. 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 …

This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms …. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation … corporation is strongly related to its knowledge assets, and that the patent measures contain information about this value above …

-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

geographically and function-ally. They promoted rapid innovation by resorting to systematic Research and Development ef- forts. And … innovation in the econ-omy. Hence, to the extent that policy makers strive to achieve the priorities of citizens, they are …