the knowledge involved in their creation is likely to be dispersed and distributed between many individuals and over … numerous locations. The authors argue that even if one assumes that the internal knowledge base is of strategic importance to … many companies, most of the knowledge used by the majority of companies is developed outside the company. Since much …

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 …