A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge …. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent … empirical work has shown that new firms are more proficient at penetrating the knowledge filter than are incumbent firms …

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically …-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms … that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at penetrating the …

In this paper the profitability of German car manufacturing firms is related to different indicators for the knowledge … information about the kind of exit of the firms is exploited to construct a latent profitability variable. Knowledge is … knowledge is significantly positively related to firm profitability and that each of the three knowledge forms exerts an …