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Evidence Theory: A Mathematical Framework for Unpredictable Hypotheses

Fioretti, Guido - EconWPA - 2002

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

Innovation and Market Value

Hall, Bronwyn H. - EconWPA - 1999

This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation is briefly presented. Then the empirical literature...

Persistent link: https://www.econbiz.de/10005413048

A Model of Primary and Secondary Waves in Investment Cycles

Fioretti, Guido - EconWPA - 2002

. 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

A Cognitive Model of the Learning Curve

Fioretti, Guido - EconWPA - 2002

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

The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94

Hall, Bronwyn H.; Ham, Rose Marie - EconWPA - 2000

Persistent link: https://www.econbiz.de/10005556053

Adoption of New Technology

Hall, Bronwyn H.; Khan, Beethika - EconWPA - 2004

The contribution of new technology to economic growth can only be realized when and if the new technology is widely diffused and used. Diffusion itself results from a series of individual decisions to begin using the new technology, decisions which are often the result of a comparison of the...

Persistent link: https://www.econbiz.de/10005062434

The Financing of Research and Development

Hall, Bronwyn H. - EconWPA - 2003

Evidence on the "funding gap" for R&D is surveyed. The focus is on financial market reasons for underinvestment in R&D that persist even in the absence of externality-induced underinvestment. The conclusions are that 1) small and new innovative firms experience high costs of capital that are...

Persistent link: https://www.econbiz.de/10005134931

Does Cash Flow Cause Investment and R&D: An Exploration Using Panel Data for French, Japanese, and United States Scientific Firms

Hall, Bronwyn H.; Mairesse, Jacques; Branstetter, Lee; … - EconWPA - 1999

, especially in the area of technological innovation and international competition has been hotly debated in the recent past. The …

Persistent link: https://www.econbiz.de/10005413030

Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program

Hall, Bronwyn H.; Link, Albert N.; Scott, John T. - EconWPA - 2001

A small sample of 38 Advanced Technology Projects funded between 1993 and 1996 are surveyed to explore the reasons for university non-participation, or, in the cases where they did participate, whether the partnerships encountered any difficulties from their participation. 32 percent report that...

Persistent link: https://www.econbiz.de/10005118757