Showing 1 - 10 of 12
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 …
Persistent link: https://www.econbiz.de/10005588033
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 …
Persistent link: https://www.econbiz.de/10011090370
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 …
Persistent link: https://www.econbiz.de/10005247891
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 …
Persistent link: https://www.econbiz.de/10005765221
What an entrepreneurial opportunity is and from whence it comes are important issues for understanding how markets function and come into being. In addition to describing the forum held on the topic and summarizing the contributions of the articles that appear in the special issue, this article...
Persistent link: https://www.econbiz.de/10005765224
through knowledge creation. Analyzing philanthropy sheds light on our current understanding of how economic development has …
Persistent link: https://www.econbiz.de/10005765248
The objective of data mining is the extraction of knowledge from databases. In practice, one often encounters … difficulties with models that are constructed purely by search, without incorporation of knowledge about the domain of application …
Persistent link: https://www.econbiz.de/10011092627
The assessment of knowledge derived from databases depends on many factors. Decision makers often need to convince … others about the correctness and effectiveness of knowledge induced from data.The current data mining techniques do not … contribute much to this process of persuasion.Part of this limitation can be removed by integrating knowledge from experts in the …
Persistent link: https://www.econbiz.de/10011092720
of those choices, namely, subunit interdependencies and knowledge transfer costs.We test our predictions with a …
Persistent link: https://www.econbiz.de/10011092876
This paper considers the financing of a research project under uncertainty about the time of completion and the probability of eventual success.The uncertainty about future success gradually diminishes with the arrival of additional funding.The entrepreneur controls the funds and can divert...
Persistent link: https://www.econbiz.de/10011090781