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 …

contrasts with the standard argument that human capital generates growth in urban areas solely through local knowledge …

Journals moderate knowledge activity in economics. The activity of publishing article in professional journal forms … significant part of knowledge output. Output of economics articles has been growing over the time. We examine an important … question: Is there any case of institutional or location concentration in knowledge production? This paper analyses …

agglomeration economies, a knowledge variable is assumed. Returning to a two location economy one is able to assess in graphical … terms the relation between distribution of knowledge and location of economic activities. …

of Practice” (CoP) for understanding the dynamics of knowledge creation and sharing in Industrial Districts (IDs). The … repository” of knowledge. The source of the concept of agglomeration of firms in ID is completely different. Anyway, many …, it explains the three main concepts useful for understanding further argumentations: knowledge, ID, CoP. Next, it offers …