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While search is normally modelled by economists purely in terms of decisions over making observations, this paper models it as a process in which information is gained through feedback from innovatory product launches. The information gained can then be used to decide whether to exercise real...
Persistent link: https://www.econbiz.de/10008674714
learning process with a specific spillover transfer mechanism can be illustrated by referring to this four-quadrant picture. In … particular, a whole cycle of technological learning is explained with the help of such a graphical representation of the basic … learning process in the presence of knowledge spillovers. We hypothesize two different functional specifications of spillover …
Persistent link: https://www.econbiz.de/10005637531
, learning groups ("Lernstatt") and project teams reflect the constructivist and postmodern concepts of strategic management with …
Persistent link: https://www.econbiz.de/10011422150
support of the companies that produce the problem of investment and innovation of the food industry. The proposed policy …
Persistent link: https://www.econbiz.de/10010672125
During the last 40 years, economics of innovation has emerged as a distinct area of enquiry at the crossing of the …, elaboration and evolution of different fields of analysis in economic theory, innovation is viewed as a complex, path …
Persistent link: https://www.econbiz.de/10008603415
advancement of our understanding of economic evolution, and the associated process of innovation. In particular, we discuss why it …
Persistent link: https://www.econbiz.de/10008603430