Economic profit is produced by entrepreneurs, those special individuals able to detect and seize as yet unexploited market opportunities. In general capitalist firms manage to deliver positive profits even in the most competitive environments. They can do so thanks to internal entrepreneurs, a...

This paper discusses how roles in R&D-projects can transform and develop through the duration of a project and how different types of knowledge reciprocate with policy learning at different scales. Research, practice and policy represent different but interconnected social spheres, each with...

Search faces (at least) two major challenges. One is to improve the efficiency of retrieving relevant content for all digital formats (images, audio, video, 3D shapes, etc). The second is to make relevant information retrievable in a range of platforms, particularly in high diffusion ones for...

Enterprise search technology retrieves information within organizations. This data can be proprietary and public, and access to it may be restricted or not. Enterprise search solutions render business processes more efficient particularly in data-intensive companies. This technology is key to...

This paper deals with the subjective and the collective nature of knowl-edge as it may develop in high-tech work processes. It argues that high-tech work requires not only skills but also experience of thinking and re-flecting these work processes through scientific concepts. This collective...

Purpose - To examine the claim that the pursuit of maximum value (wealth) for shareholders optimizes economic and social benefits for society as a whole.Design/methodology/approach - Evidence cited in support of the claim and the methodology employed by its supporters are examined....

External prominence (measured by the number of pages indexed on search engines or TED talk invitations) can be capitalized on the speakers' market while research performance (measured by publication and citation indicators) cannot. There is thus a clear distinction between the capitalization of...

This paper seeks to clarify the understanding of value in the cultural context, using economics concepts. We develop an economic framework for thinking about value in the cultural context and discuss how well various valuation techniques are able to account for such values. We also discuss why...

The aim of this article is to clarify the ontology of knowledge, and to point out methodological implications hereof for action research aimed at action researchers’ and practitioners’ co-creation of knowledge. The article is motivated by the observation that action research literature tends...

Hayek schimpfte sie einst ein Wieselwort: Die soziale Marktwirtschaft. Noch bis vor kurzem sah sich das Konzept der Sozialen Marktwirtschaft heftigster Kritik ausgesetzt und wurde als ungeeignet angesehen, um den oekonomischen Herausforderungen im Zuge der Globalisierung begegnen zu koennen. Die...