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Following the development of knowledge economies, there has been a rapid expansion of economic analysis of knowledge, both in the context of technological knowledge in particular and the decision theory in general. This paper surveys this literature by identifying the main themes and...
Persistent link: https://www.econbiz.de/10010878272
. It works around and with innovation, considered to be a proper tool for measuring the qualitative changes which occur …
Persistent link: https://www.econbiz.de/10010570133
In innovation, the role of aesthetics is important, possibly paramount, but this factor is not reflected in mainstream … innovation theory and research. The paper suggests that aesthetics, supported by serendipity, imagination, and creativity … constitute the core, i.e., the “soul” of innovation, and that these factors fuel the dynamics of innovation. These factors are …
Persistent link: https://www.econbiz.de/10010993813
В статье исследована эволюция возникновения и классическое определение понятия "инновация". Рассмотрены основные положения инновационной теории Йозефа...
Persistent link: https://www.econbiz.de/10011234486
Every finance professional employs the concept of market efficiency. The theory, evidence and counterevidence focus on a couple of dozen highly influential articles published during the twentieth century. We summarise the origins of and interlinkages between these contributions to the history of...
Persistent link: https://www.econbiz.de/10012787515
This study provides evidence that accounting researchers have not fully appreciated the sensitivity of empirical results to (necessarily) subjective research design choices, and that this failure has led to the subsequent overgeneralization of early evidence. Specifically, we trace the evolution...
Persistent link: https://www.econbiz.de/10012788842
Theory on the pricing of financial assets can be traced back to Bernoulli's famous St. Petersburg paper of 1738. Since then, research into asset pricing and derivative valuation has been influenced by a couple of dozen major contributions published during the twentieth century. These seminal...
Persistent link: https://www.econbiz.de/10012707270
Theory on the pricing of financial assets can be traced back to Bernoulli's famous St. Petersburg paper of 1738. Since then, research into asset pricing and derivative valuation has been influenced by a couple of dozen major contributions published during the twentieth century. These seminal...
Persistent link: https://www.econbiz.de/10012749786
Though both the U.S. Constitution and the Michigan Constitution say that property shall not be taken for public use quot;without just compensation,quot; court interpretations of various laws and regulations have undermined that principle. Owners are usually awarded compensation in the courts...
Persistent link: https://www.econbiz.de/10012752117
The Framers of the United States Constitution understood that freedom depends upon the vigorous protection of private property rights and that this protection was therefore the most sacred obligation of government. However, despite Fifth and Fourteenth Amendment guarantees, recent years have...
Persistent link: https://www.econbiz.de/10012752118