This paper uses firm level data collected by the Australian Bureau of Statistics in its Business Longitudinal Survey to …

Sports and war metaphors abound in business today. For example, one management book, Thunder in the Sky, by Thomas … business world as tantamount to victory in battle.” The book advises American executives to do the same. However, such … metaphors are misleading. The objective in both sports and war is to beat the competitor. Business, on the other hand, aims to …

are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …

Schumpeter maintained that oscillations of macroeconomic variables are only the "secondary wave" of business cycles, a …. 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 …