new and exciting paradigm of evolutionary economic geography. …

papers included range from simulation models of the evolution of market structure in the presence of innovation, through …

Innovation is the result of intentional decision-making that takes place in out-of-equilibrium conditions …-of-equilibrium conditions. The farther away the firm from equilibrium, the stronger the likelihood for innovation to take place. The hypothesis … manufacturing firms in the years 1996-2005 confirms the presence of a quadratic, convex relationship between profitability and the …

The paper elaborates the notion of innovation as an emerging property of complex system dynamics and presents an agent … the system plays a crucial role in assessing the chances of individual firms to actually introduce innovations because it …, reacting to out-of-equilibrium conditions, can actually take advantage of external knowledge available within the innovation …

&D activities performed by private firms in high-tech and low-tech industries. It applies the distinction between virtuous Matthew … on Transition Probability Matrices, probit regressions and Propensity Score Matching on around 700 Italian firms in the …