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 …

innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994-2002. We find that innovation behaviour is permanent at …

process innovations, this paper reports new results on the relationship between innovation and employment growth in Germany … CIS data. It establishes a theoretical link between employment growth and innovation output. The econometric analysis …

of analysis. Considering as unit of analysis the region of Beira Interior (Portugal), this article aims to provide a TOWS …

This article proposes a normative model for the cluster articulation in Cova da Beira (Portugal), based on network … functioning which accomplishes the general purposes of the National Integrated Programme to the Support for Innovation, and …