entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

Progress in our understanding of the role of knowledge in the economy, based on Nelson and Winter's book published in …

innovation at the sectoral level. Despite considerable interest in David and Foray's (1995) work on the codification of knowledge …This paper explores ongoing debates about the role that codified forms of knowledge play in fostering firms' and … and the changing nature of innovation due to the use of information and communication technologies, there are relatively …

This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition … collaboration between firms, for learning and innovation, in the combination of capabilities between rather than within the firm …

. This paper investigates a dual facet of the exploratory component of R&D activities with regards to innovation failures …: while exploration increases firms’ exposure to failure, it also provides learning opportunities to curve down innovation … failures. This paper contributes to organizational learning and innovation management research by proposing that firms …

New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited … commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that … "knowledge filter" between new knowledge and economic knowledge and identifies both new ventures and incumbent firms as the …

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …

through knowledge creation. Analyzing philanthropy sheds light on our current understanding of how economic development has …