This paper constructs an equilibrium model of entrepreneurial innovation where individuals differ in their attitude … toward uncertainty.Unlike previous models of innovation, the firm-formation process is endogenous.An entrepreneur, who owns …'s willingness to work with the uncertain technology.The general equilibrium setting allows us to explore the impact of innovation on …

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 …

I examine the relationship between the characteristics of firm knowledge in terms of capital, diversity and relatedness …, and productivity. Panel data regression models suggest that unlike knowledge diversity, knowledge capital and knowledge … knowledge are more productive than those based on unrelated knowledge because the cost of co-ordinating productive activities …