Showing 1 - 10 of 10
We analyze the spatial diffusion of knowledge in laser technology in West Germany from 1960, when this technology began … of laser knowledge was especially prevalent in large agglomerations. While we cannot detect knowledge spillovers from … research later, indicating the accumulation of knowledge generated in previous periods. Our results highlight the role of a …
Persistent link: https://www.econbiz.de/10008511324
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005090583
effects of cooperative innovation activities and analyzes furthermore how dif- ferent dimensions of regional knowledge affect …The literature on "Innovation Systems" is divided into several directories. Dif- ferences occur through the definition … the regional effects on coopera- tive innovation activities. We find evidence that the related variety of knowl- edge …
Persistent link: https://www.econbiz.de/10004964130
This paper aims to investigate the effect of knowledge characteristics on the total factor productivity of firms … developing drugs in the pharmaceutical industry. We decompose knowledge into knowledge associated with the technological firm … portfolio and knowledge related to R&D projects, which represent drug development at the clinical testing stage. The latter is …
Persistent link: https://www.econbiz.de/10008511333
through knowledge creation. Analyzing philanthropy sheds light on our current understanding of how economic development has …
Persistent link: https://www.econbiz.de/10005090461
This paper explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United … States over the last 150 years. According to the "new growth theory", investments in knowledge and human capital generate … economic growth via spillovers of knowledge. But the theory does not explain how or why spillovers occur, or why large …
Persistent link: https://www.econbiz.de/10005090491
This paper discusses several features of knowledge that are often considered crucial for characterizing the economic … significance of knowledge: whether it is overtly accessible or tacit, whether it can be or is encoded or not, and whether it has … public or private good character. It is argued that all these features depend similarly on the state of the knowledge …
Persistent link: https://www.econbiz.de/10005090570
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 …
Persistent link: https://www.econbiz.de/10005105645
satisfy an indefinite range of wants and firms' incentive to utilize knowledge from past production experiences. We show that … firms endogenously form a number of distinguishable industries as accumulated knowledge induces them to agglomerate in the … technology space. Knowledge accumulation in existing industries reduces production costs, but, as the diminishing returns from …
Persistent link: https://www.econbiz.de/10005407691
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. …
Persistent link: https://www.econbiz.de/10005556197