Showing 1 - 10 of 145
-­substitutability as the main drivers of systemic<br/>importance: (i) centrality as net borrower in the money market network …;<br/>(ii) centrality as payments originator in the large-value payment system<br/>network, and (iii) asset value of core financial services …
Persistent link: https://www.econbiz.de/10011144451
This article employs Agent-Based Computational Economics (ACE) to investigate whether, and under what conditions, trust is viable in markets. The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers. Agents develop trust in a partner as a function of observed...
Persistent link: https://www.econbiz.de/10011091766
This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition … between that cognitive theory and Penrose's theory of the growth of the firm.As in Penrose's work, the focus is on learning … collaboration between firms, for learning and innovation, in the combination of capabilities between rather than within the firm …
Persistent link: https://www.econbiz.de/10011090370
In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology …-based alliances.The key finding is that the hypothesis of an inverted U-shaped effect of cognitive distance on innovation performance …
Persistent link: https://www.econbiz.de/10011091844
This paper contributes to the analysis of where and how both exploitation and exploration may take place inside and between communities and organizations. It connects with the discussion of differences between communities of practice and epistemic communities. The analysis allows for differences...
Persistent link: https://www.econbiz.de/10011092178
This chapter explains and employs a constructivist, interactionist theory of knowledge that has come to be known as the … has received further substance from neural science.It yields a basis for a cognitive theory of the firm, with the notion … distance between firms for innovation by interaction. …
Persistent link: https://www.econbiz.de/10011092223
This paper gives a survey of insights into inter-firm alliances and networks for innovation, from a constructivist … myopia that, for the sake of innovation, needs to be complemented by means of outside relations with other firms, at larger … cognitive distance. Hence the importance of networks for innovation.On the governance side, the paper gives a review of …
Persistent link: https://www.econbiz.de/10011092744
This paper considers the financing of a research project under uncertainty about the time of completion and the probability of eventual success.The uncertainty about future success gradually diminishes with the arrival of additional funding.The entrepreneur controls the funds and can divert...
Persistent link: https://www.econbiz.de/10011090781
This article provides empirical tests of the hypothesis of optimal cognitive distance , proposed by Nooteboom (1999, 2000), in two distinct empirical settings.Variety of cognition, needed for learning, has two dimensions: the number of agents with different cognition, and differences in...
Persistent link: https://www.econbiz.de/10011091470
and strength of ties in innovation networks.We study both exploration and exploitation networks in the Dutch multimedia … network structural properties than anticipated thus far. …
Persistent link: https://www.econbiz.de/10011091807