In this paper the profitability of German car manufacturing firms is related to different indicators for the knowledge … information about the kind of exit of the firms is exploited to construct a latent profitability variable. Knowledge is … knowledge is significantly positively related to firm profitability and that each of the three knowledge forms exerts an …

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 …

knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity. Therefore, a … approach that links instrumental variable estimation with the Cox regression. The main results are that all three knowledge …

Knowledge is one of the most important determinants in single-industry studies of firm survival over the life cycle …. Different kinds of knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity … positively influence the survival chances of firms. This paper investigates how the kinds of knowledge are able to compensate for …