This paper discusses how the results of simulation models can be made more reliable and the method of simulating therefore more widely applicable. We suggested to calibrate simulation models empirically and developed a methodology based on Critical Realism in order to so. We suggested combining...

This paper introduces a categorization of simulation models. It provides an explicit overview of the steps that lead to a simulation model. We highlight the advantages and disadvantages of various simulation approaches by examining how they advocate different ways of constructing simulation...

This paper discusses how the results of simulation models can be made more reliable and the method of simulating therefore more widely applicable. We suggested to calibrate simulation models empirically and developed a methodology based on Critical Realism in order to so. We suggested combining...

This paper introduces a categorization of simulation models. It provides an explicit overview of the steps that lead to a simulation model. We highlight the advantages and disadvantages of various simulation approaches by examining how they advocate different ways of constructing simulation...

The Lisbon strategy for growth and jobs seeks to use knowledge and innovation in the context of the European Research Area (ERA). To build the ERA the European Union (EU) implements - amongst others - regional innovation policy. Ample scientific publications have investigated how innovation...

The Lisbon strategy for growth and jobs seeks to use knowledge and innovation in the context of the European Research Area (ERA). To build the ERA the European Union (EU) implements – amongst others - regional innovation policy. Ample scientific publications have investigated how innovation...

A century ago, Thorstein Veblen introduced socially contingent con-sumption into the economic literature. This paper complements the scarceempirical literature by testing his conjecture on South African householddata and nds that Black and Coloured households spend relatively moreon visible...

The functionality of organizational routines, i.e. the factual value for accomplishing theirpurposes, is an important constraint on the capabilities an organization can bring to bear on itsoperations. Often falling short of its potential, the actual make-up of organizational routinesinvites...

While several plots of the aggregate age distribution suggest that rm age is expo-finentially distributed, we find some departures from the exponential benchmark. At thelower tail, we find that very young establishments are more numerous than expected,but they face high exit hazards. At the...

The question of whether and when to enter a newly emerging product market has beenthe focus of practitioners as well as researchers. This paper contributes to the literature byinvestigating the order of entry as well as pre-entry experiences with a population-basedapproach for the radically new...