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their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10003211779
In this paper, we present an evolutionary model of industry dynamics yielding endogenous business cycles with 'Keynesian' features. The model describes an economy composed of firms and consumers/workers. Firms belong to two industries. The first one performs R&D and produces heterogeneous...
Persistent link: https://www.econbiz.de/10003209272
This work explores the spatial distribution of productive activities in the Italian manufacturing industry. We propose an econometric model which tries to disentangle locationspecific from sectoral drivers in the dynamic process of spatial agglomeration. The basic idea is that the former...
Persistent link: https://www.econbiz.de/10003211671
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The intersection: your best chance to innovate: monkeys and mind readers -- The rise of intersections: the sounds of Shakira and the emotions of Shrek -- Break down the barriers between fields: sea urchin lollipops and Darwin's finches -- How to make the barriers fall: Heathrow Tunnel and...
Persistent link: https://www.econbiz.de/10003426639
example in which more rational agents systematically perform worse than less rational ones. -- Innovation ; Endogenous Growth …
Persistent link: https://www.econbiz.de/10002132888
firm competitive advantages. This work shows that innovation and product differentiation, along with investments in co … founders. -- Entry ; Entrepreneurship ; Innovation ; Software …
Persistent link: https://www.econbiz.de/10002134034
As innovation becomes an ever more central issue for the development of firms and world economies, so the need for … capturing relevant aspects of innovation phenomena and the process of industrial change. We propose trademarks as a … complementary indicator in the portfolio of available empirical tools of innovation studies and industrial dynamics. Our empirical …
Persistent link: https://www.econbiz.de/10003211763