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Institutions as Knowledge Capital : Ludwig M. Lachmann's Interpretative Institutionalism
Foss, Nicolai J. - 2010
This article revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann's idiosyncratic (i.e., eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1)...
Persistent link: https://www.econbiz.de/10012716493
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Institutions as Knowledge Capital : Ludwig M' Lachmann's Interpretative Institutionalism
Foss, Nicolai J.; Garzarelli, Giampaolo - 2007
The paper revisits the socioeconomic theory of the Austrian School economist Ludwig M. Lachmann. By showing that the common claim that Lachmann's idiosyncratic (read: eclectic and multidisciplinary) approach to economics entails nihilism is unfounded, it reaches the following conclusions. (1)...
Persistent link: https://www.econbiz.de/10014051184
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Institutional Regime Shift in Intellectual Property Rights and Innovation Strategies of Firms in China
Huang, Kenneth G. - 2019
in intellectual property rights on the patenting and innovation strategies of Chinese and Western firms operating in … property rights and legal institutions that foster R&D and innovation, and when Western firms gain longer operational … informal institutional environments. It also provides important implications for policy and innovation strategies for …
Persistent link: https://www.econbiz.de/10012902031
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Optimal diversity in investments with recombinant innovation
Bergh, Jeroen C. J. M. van den; Zeppini-Rossi, Paolo - 2008
innovation. We develop a formal model of an innovation arising from the combination of two existing modules with the objective to … innovation) and the benefits associated with returns to scale. We derive conditions for optimal diversity under different regimes …
Persistent link: https://www.econbiz.de/10011377094
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Innovation studies, social innovation, and sustainability transitions research : from mutual ignorance towards an integrative perspective?
Havas, Attila; Schartinger, Doris; Weber, Karl Matthias - 2022
understand these changes. This claim is based on our review of Innovation Studies, Social Innovation research, and Sustainability …
Persistent link: https://www.econbiz.de/10014452490
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The persistent high-tech myth in the EC policy circles : implications for the EU10 countries/ Attila Havas
Havas, Attila - 2015
Given the economic, societal and environmental relevance of innovation, this paper contrasts various models of … innovation, compares how innovation is understood in mainstream economics and evolutionary economics of innovation and juxtaposes … states. innovation performance, it argues that the science-push model of innovation is still highly influential in the EC STI …
Persistent link: https://www.econbiz.de/10010508513
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Technological Host-Parasites Co-Evolution
Coccia, Mario - 2019
The fundamental problem in the field of technology studies is how technology evolves and sustains economic change in human society. This study confronts the problem here by proposing the theory of technological host-parasites coevolution, an approach that may be useful for bringing a new...
Persistent link: https://www.econbiz.de/10014032744
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Economic emergence: An evolutionary economic perspective
Foster, John; Metcalfe, J. Stan - In: Journal of Economic Behavior & Organization 82 (2012) 2, pp. 420-432
The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...
Persistent link: https://www.econbiz.de/10010576973
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Knowledge spillovers and economic performance of firms located in depressed areas: does geographical proximity matter?
Araújo, Liliana; Silva, Sandra T.; Teixeira, Aurora A.C. - Faculdade de Economia, Universidade do Porto - 2013
Extensive literature on the contribution of knowledge spillovers to growth and development at the regional level exists but these studies mainly features regions characterised by a high level of economic development. This paper assesses the importance of knowledge spillovers for firms located in...
Persistent link: https://www.econbiz.de/10010634139
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Visibility of technology and cumulative innovation : evidence from trade secrets laws
Ganglmair, Bernhard; Reimers, Imke - 2019
otherwise visible to society. We develop a structural model of initial and follow-on innovation to determine the effects of such … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while … significant decline in follow-on innovation. …
Persistent link: https://www.econbiz.de/10012060814