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 …

. 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 …

ensuing innovation race, firms interact through information spillovers resulting from the imperfect appropriability of … behavioural regularities of agents who are engaged in innovation activities. As a key element we test to what extend relative … economic performance exercises a stimulating effect on the implementation of innovation and imitation strategies. …

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 …