The paper investigates the relationship between human capital characteristics and firm performance in engineering consulting. Because general experience, firm-specific human capital and diversity carry specific costs and benefits we hypothesize curvilinear (taking inverted U-shapes) relations to...

It is increasingly realized that knowledge is the most important resource and that learning is the most important process in the economy. Sometimes this is expressed by coining the current era as characterised by a ‘knowledge based economy’. But this concept might be misleading by indicating...

This paper explores a scientific community of mainly academic researchers within the discipline of robotics. Data are constructed wholly from web-based resources such as web pages, electronic CVs and bibliographic search engines to identify teams of people working together, career patterns, and...

The role of informal networks in the development of regional clusters has received a lot of attention in the literature recently. Informal contact between employees in different firms is argued to be one of the main carriers of knowledge between firms in a cluster. This paper empirically...

Inspired by the resource- and knowledge-based views, much attention has been focused on knowledge transfer as a process of strategic importance. Still, many open questions regarding knowledge transfer processes need to be addressed to complete our understanding. For instance, what are the...

We argue that since Coase’s seminal 1937 paper on “The Nature of the Firm,” there has been an odd and unjustified separation between price theory and the economics of organization. For example, matters of production has been the domain of the former exclusively. However, a new approach to...

The objective of the paper is to develop a method through which we can identify the actors (industrial, institutional and individual) who are active in technology development in the same or similar knowledge fields. The paper is, thus, aimed to make a methodological contribution to the...

Many economists, including Austrian economists, have argued that the market process is essentially an experimental process. We briefly try to clarify this conceptualization, and then argue that we may understand the firm in much the same light. A basic view of the firm as an experimental entity...

This paper analyses the DISKO survey data on 1,900 firms within the Danish private business sector in terms of an index which classifies the surveyed firms according to smaller and higher degrees of flexibility. The classification reveals a number of important differences between more or less...

MNCs and regional innovation systems differ widely in their knowledge generation and dissemination processes. We propose these differences provide systematic challenges for MNC units tapping into locally vested skills, combining their findings with existing knowledge and disseminating this...