Showing 1 - 7 of 7
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
speed of accumulation of the acquired scientific knowledge regarding absorptive capacity. To contribute to narrowing this …
Persistent link: https://www.econbiz.de/10005288400
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005090583
Research evidence confirms that the accumulation of knowledge contributes to the competitive advantage of firms. In the … strategy consulting industry, one of the most knowledge-intensive professional services industries, however, established firms … that exploited their knowledge accumulation by adding exploitative consulting practices have found their performance has …
Persistent link: https://www.econbiz.de/10005288519
Managing through projects has become important for generating new knowledge to cope with technological and market … discontinuities. This paper examines how the fit between the creation of technological and market knowledge and important project … knowledge contributed to the failure of those NBD-projects that required new market knowledge as well. The findings indicate …
Persistent link: https://www.econbiz.de/10005288748
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
This paper explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United … States over the last 150 years. According to the "new growth theory", investments in knowledge and human capital generate … economic growth via spillovers of knowledge. But the theory does not explain how or why spillovers occur, or why large …
Persistent link: https://www.econbiz.de/10005090491