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One way of thinking about research and development is to recognise that firms are trying to solve particular design problems. We often build these design problems into our models, but are forced to oversimplify them in order to make the models solvable. The approach taken in this paper is to...
Persistent link: https://www.econbiz.de/10005760576
Government is studied as supporter of science and of the transformation of scientific discoveries into new technology and firm formation. The importance of scientific discovery outside academe is recognized as is the experimental nature of the transformation process entailing frequent business...
Persistent link: https://www.econbiz.de/10005622498
international corporate networks for technological development. Such profits through innovation are encouraged by newer more …
Persistent link: https://www.econbiz.de/10005760557
This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions we suggest lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent...
Persistent link: https://www.econbiz.de/10005760567
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relatively little attention in evolutionary economics and its application to technological innovation. This paper makes the case … for technological innovation deserve further analysis. Isolation and potential implications for innovation are discussed … explicitly recognising various forms of isolation in explaining observed aspects of innovation process and outcomes. Copyright …
Persistent link: https://www.econbiz.de/10010849022
entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation …-to-the-market innovation but has no effect on the relationship between knowledge and new-to-the-firm innovation. Our results using European … chances that knowledge will become new-to-the-market innovation. The findings highlight the importance of Schumpeterian …
Persistent link: https://www.econbiz.de/10010849025
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate? And, once the decision to cooperate is made, how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive...
Persistent link: https://www.econbiz.de/10010849033
. The estimates show, along with the evolved process of innovation, that the quality gain was in the order of 381 KJPY …
Persistent link: https://www.econbiz.de/10010849039