This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition is a wide notion, including value judgments and corresponding feelings and emotions.This paper focuses on the relation between that cognitive theory and Penrose's theory of the...

This chapter explains and employs a constructivist, interactionist theory of knowledge that has come to be known as the perspective of 'embodied cognition'. That view has roots in earlier developmental psychology, and in sociology, and more recently has received further substance from neural...

In the economic field, especially in tourism, initiative and innovation are effective ways to finding new approaches to various problems occurring with time or unforeseen, which leads to greater adaptation to ever-changing environment of economic life and resistance to shocks, experience having...