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Die Gründung eines innovativen Unternehmens stellt eine Form der kommerziellen Verwer-tung von Wissen dar. Der Beitrag …Setting up an innovative new firm is a way of commercializing knowledge. The paper gives an overview of the extent of … new firm formation in knowledge intensive and in innovative German industries and their development. The founding of a new …
Persistent link: https://www.econbiz.de/10010305660
In infant industries, a great share of new market opportunities is depleted by firms that spinoff from incumbents. A model emphasizing the relation between incumbents' evolving corporate cultures and the generation of spinoffs explains this regularity in industry evolution. Organizations reach a...
Persistent link: https://www.econbiz.de/10010286751
adapted, structured and interactive communication process. Knowledge build-up and transfer are key factors for success and …
Persistent link: https://www.econbiz.de/10012294267
New knowledge with potential commercial value is created, replicated, and transferred in a distributed manner. The … highly systemic nature of knowledge production and the need for any knowledge to be individually acquired and expressed in … order to produce an effect, jointly constrain the dynamics of knowledge commercialization. This paper analyzes the nature of …
Persistent link: https://www.econbiz.de/10010266727
This paper shows how cognitive human dispositions that take effect at the level of an individual firm's corporate culture have repercussions on an industry's evolution. In our theory, the latter is attributable to evolving corporate cultures coupled with changes in a firm's business environment....
Persistent link: https://www.econbiz.de/10010267139
growth is viewed as resulting from the continuous discovery and use of productive knowledge. Rapid firm growth requires a set …. The institutional framework determines the incentives for these individuals to acquire and utilize knowledge. We identify …
Persistent link: https://www.econbiz.de/10010320338
New knowledge in the form of products, processes and organizations leads to opportunities that can be exploited … commercially. However, converting new ideas into economic growth requires turning new knowledge into economic knowledge that … "knowledge filter" between new knowledge and economic knowledge and identifies both new ventures and incumbent firms as the …
Persistent link: https://www.econbiz.de/10010271747
opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by … entrepreneurs. Our results show that there is a strong relationship between knowledge spillovers and new venture creation. …
Persistent link: https://www.econbiz.de/10010271750
Knowledge is recognized as an important ingredient for economic growth in addition to physical capital and labor. While … transforming knowledge into products and processes it is exploited commercially. Nevertheless, the existing knowledge stock and the … for the ability to produce, identify, and exploit knowledge. Since incumbent firms do not exploit new knowledge to the …
Persistent link: https://www.econbiz.de/10010298517
Knowledge is recognized as a crucial element of economic growth in addition to physical capital and labor. Knowledge …, identify, and exploit knowledge depends on the existing knowledge stock and the absorptive capacity of actors such as employees … at firms and researchers at universities and research institutions. The existing knowledge stock might not be …
Persistent link: https://www.econbiz.de/10010298518