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This paper presents the problem of satiation in relation to a model of evolutionary endogenous growth. The model represents an attempt to provide an evolutionary economic micro foundation to Pasinetti's scheme of the structural economic dynamics of a labour economy. Like this scheme the model...
Persistent link: https://www.econbiz.de/10005273141
The concept of multilevel population thinking suggests looking at evolution of any system of entities as at a multilevel process with selection forces operating on populations of units as well as on populations of groups of these units. The concept has allowed explaining some phenomena in...
Persistent link: https://www.econbiz.de/10005839244
The paper investigates cross-country differences in technology in a large sample of developed and developing economies over the 1990s. The empirical analysis indicates the existence of three technology clubs with markedly different levels of technological development: advanced, followers and...
Persistent link: https://www.econbiz.de/10005627319
It is increasingly recognised that population thinking is a basic characteristic of evolutionary economics. By taking its starting point in what is here called Marshall's fable of the trees, the paper demonstrates that there are several forms of population thinking. The most basic form is...
Persistent link: https://www.econbiz.de/10005627325
This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm’s distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...
Persistent link: https://www.econbiz.de/10005260601
This paper studies the geographical breadth of knowledge spillovers. Previous research suggests that knowledge spillovers benefit from geographical proximity in technologically active and rich regions more than elsewhere. An alternative view explains the geographical breadth of knowledge...
Persistent link: https://www.econbiz.de/10005260602
Innovation may be seen as a process of knowledge creation and the speed and direction of knowledge creation reflects the organizational set-up of the firm as well as its investments in R&D and training. Establishing ‘a learning organization’ where horizontal interaction and communication...
Persistent link: https://www.econbiz.de/10005260605
The aim of this paper is to investigate how industrial development, manufacturing in particular, has been contributing to agrarian change. In order to address this issue, it analyzes the technical bases and structural specificities – i.e. time and scale constraints – of agricultural...
Persistent link: https://www.econbiz.de/10009393835
A growing body of research on firms’ “open science” strategies rests on the notion that scientists have a strong preference for publishing and that firms are able to extract a wage discount if they allow scientists to publish. Drawing on a survey of 1,400 life scientists about to enter the...
Persistent link: https://www.econbiz.de/10009353887
We study the business model of venture debt firms, specialized institutions that provide loans to high-growth startups. Venture debt represents an apparent contradiction with traditional debt theory since startups have negative cash flows and lack tangible assets to secure the loan. Yet, we...
Persistent link: https://www.econbiz.de/10009353888