Showing 1 - 10 of 43
knowledge involves an overly sharp distinction between “technically possible” and “technically impossible” – a distinction which … has no counterpart in the realities of organizational knowledge. The main elements of a Schumpeterian view are described …
Persistent link: https://www.econbiz.de/10005518699
, innovations, and the advance of human knowledge- the rate of growth of capacity has slowed. The past quarter century witnessed the … greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed …
Persistent link: https://www.econbiz.de/10011276267
Innovation Survey covering the period 1998-2000. The results of our empirical analysis support our theory-based insights. …
Persistent link: https://www.econbiz.de/10011267813
This paper examines the effects of innovation on the survival of manufacturing firms in the Netherlands. The … demographics of firms according to their innovative performance and type of innovation are traced by using the Business Register … population of all firms active in the Netherlands and the Community Innovation Survey. Through estimation of a parametric …
Persistent link: https://www.econbiz.de/10005292619
The paper presents a model of endogenous growth in which firms are modeled as boundedly-rational, locally interacting, agents. Firms produce a homogeneous good employing technologies located in an open-ended technological space and are allowed to either imitate existing, similar practices or to...
Persistent link: https://www.econbiz.de/10005292628
Building on some general properties of the empirical patterns of technological diffusion and innovation, the paper … returns grounded upon collectively shared 'knowledge bases'. By means of extensive Montecarlo studies, we identify necessary …
Persistent link: https://www.econbiz.de/10005292635
This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and...
Persistent link: https://www.econbiz.de/10005076604
are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …
Persistent link: https://www.econbiz.de/10005076906
. 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 …
Persistent link: https://www.econbiz.de/10005077089
The paper, largely based on the introduction to Dosi (2012), elaborates on the main interpretative ingredients, methodology and challenges ahead of the evolutionary research program in economics. Telegraphically, such a perspective attempts to understand a wide set of economic phenomena -...
Persistent link: https://www.econbiz.de/10010551524