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This paper analyses the aspects of spatial economics that deals with innovation, regional specialization and dynamic … systems of functional regions and in particular the contributions made by the economist Börje Johansson. The innovation aspect … consists of innovation networks, knowledge sources and knowledge sinks, cost and innovation of product characteristics and …
Persistent link: https://www.econbiz.de/10005206977
Information and knowledge are essential to the decision making of firms. However, information is a primitive in the formation of knowledge. Information and the related concepts of risk and surprise are primarily of importance for rational decision making while knowledge is a form of...
Persistent link: https://www.econbiz.de/10005190552
This study gives an account of theory, models and measurements of returns to higher education, seen as the results of economically rational investment decisions. The focus is on returns in the form of increased wages and salaries. These returns vary considerably between different countries and...
Persistent link: https://www.econbiz.de/10005644929
Contemporary theories of entrepreneurship generally focus on the recognition of opportunities and the decision to exploit them. While the prevailing view in the entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of economic growth suggests that...
Persistent link: https://www.econbiz.de/10005645003
Research on entrepreneurship has flourished in recent years and is evolving rapidly. This paper explores the history of entrepreneurship research, how the research domain has evolved, and its current status as an academic field. The need to concretize these issues stems partly from a general...
Persistent link: https://www.econbiz.de/10010818738