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The formulation of a competitive strategy implies an extended understanding, in terms of the industrial structures, of the mains fields where the nations compete and those structures evolve. The environmental conditions of a region, and of its industries, determine both the generic strategies,...
Persistent link: https://www.econbiz.de/10005118851
. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …
Persistent link: https://www.econbiz.de/10005077089
Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...
Persistent link: https://www.econbiz.de/10005125582
This article provides a cognitive foundation of the parameters that regulate a model of the learning curve. Organizational learning and its actual occurrence are linked to the number of available categories and to the amount of information to be processed.
Persistent link: https://www.econbiz.de/10005561382
Persistent link: https://www.econbiz.de/10005134514