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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 … of knowledge related questions in terms of applicability and alternative approaches has led to the fragmentation of …
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We focus on both individual and local uncertainty to explain the innovation potential of entrepreneurs in the NUTS1 UK … the issue of selection bias (due to uncertainty) and that of zero-inflated data (i.e., presence of only a few highly … innovative actors in comparison to the majority in our sample). Findings suggest that local uncertainty is the predominant …
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to states of uncertainty be explicitly dealt with. We argue that ‘knowledge,’ because of the existence of uncertainty is … ‘energy gradients’ and ‘knowledge gradients’ as essential concepts in understanding economic emergence and resultant economic …
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