Similar Search Results

Quality risk aversion, conjectures, and new product diffusion

Bogliacino, Francesco; Rampa, Giorgio - In: Journal of Evolutionary Economics 22 (2012) 5, pp. 1081-1115

In this paper, we provide a generalization of the standard models of the diffusion of a new product. Consumers are heterogeneous and risk averse, and the firm is uncertain about the demand curve: both learn from past observations. The attitude towards risk has important effects with regard to...

Persistent link: https://www.econbiz.de/10011001838

Introduction to the special issue in honor of Luigi Orsenigo

Malerba, Franco; Cantner, Uwe; Breschi, Stefano - In: Journal of Evolutionary Economics 31 (2021) 5, pp. 1389-1403

Persistent link: https://www.econbiz.de/10014497574

Introduction to the special issue from the 2018 ISS conference

Lee, Keun; Pyka, Andreas - In: Journal of Evolutionary Economics 30 (2020) 4, pp. 891-895

Persistent link: https://www.econbiz.de/10014503626

A model of the innovation-adaptation mechanism driving economic dynamics: a micro representation

Fusari, Angelo - In: Journal of Evolutionary Economics 15 (2005) 3, pp. 297-333

entrepreneurship and its links with uncertainty. Finally, some simulations with the proposed model are provided Copyright Springer …

Persistent link: https://www.econbiz.de/10005396094

The economic implications of exaptation

Dew, Nicholas; Sarasvathy, S.; Venkataraman, S. - In: Journal of Evolutionary Economics 14 (2004) 1, pp. 69-84

Accounts of economic change recognize that markets create selective pressures for the adaptation of technologies in the direction of customer needs and production efficiencies. However, non-adaptational bases for technological change are rarely highlighted, despite their pervasiveness in the...

Persistent link: https://www.econbiz.de/10005396110

Where Schumpeter was nearly right - the Swedish model and Capitalism, Socialism and Democracy*

Jakobsson, Ulf; Henrekson, Magnus - In: Journal of Evolutionary Economics 11 (2001) 3, pp. 331-358

In Capitalism, Socialism and Democracy Joseph A. Schumpeter concluded that socialism would eventually displace capitalism in Western democracies. This would come about as a result of the superior performance of capitalism. We extract six "stylized" propositions that are essential elements of...

Persistent link: https://www.econbiz.de/10005396140

How do entrepreneurs know what to do? learning and organizing in new ventures

Aldrich, Howard; Yang, Tiantian - In: Journal of Evolutionary Economics 24 (2014) 1, pp. 59-82

Acquiring the knowledge they need to organize new businesses is a life-long learning process for nascent entrepreneurs, both before and during the organizing process. We argue that creating viable and profitable ventures depends not only on the habits, heuristics, and routines that nascent...

Persistent link: https://www.econbiz.de/10010759862

Four essays on economic evolution: an introduction

Dollimore, Denise; Hodgson, Geoffrey - In: Journal of Evolutionary Economics 24 (2014) 1, pp. 1-10

This essay is in two parts. The first considers the evolution of evolutionary economics from 1982 to 2012. While enormous advances are acknowledged, it is argued that the field is in danger of fragmentation and that there has been relatively little development in its over-arching theoretical...

Persistent link: https://www.econbiz.de/10010759863

What turns knowledge into innovative products? The role of entrepreneurship and knowledge spillovers

Block, Joern; Thurik, Roy; Zhou, Haibo - In: Journal of Evolutionary Economics 23 (2013) 4, pp. 693-718

The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of … entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … outcomes. We hypothesize that a high rate of entrepreneurship facilitates the process of turning knowledge into new …

Persistent link: https://www.econbiz.de/10010849025

Start-ups, long- and short-term survivors, and their contribution to employment growth

Fritsch, Michael; Noseleit, Florian - In: Journal of Evolutionary Economics 23 (2013) 4, pp. 719-733

This study documents that the survival of start-ups is central in explaining the relationship between entry and regional employment growth. Distinguishing between start-ups according to the period of their survival shows that the positive effect of new business formation on employment growth is...

Persistent link: https://www.econbiz.de/10010849032