Disruptive innovation can be described as the introduction of a new conceptual idea or meme into an existing system that causes the system to be fundamentally altered. Assembly lines, air conditioning, digital film, and personal computers represent such innovations, all of which led to...

We contribute to the Responsible Research and Innovation (RRI) literature in two ways: (i) we consider how societal aspects are taken into account in research and innovation activities in four fundamentally different futures, as opposed to analysing current practices; and (ii) put the emphasis...

We contribute to the Responsible Research and Innovation (RRI) literature in two ways: (i) we consider how societal aspects are taken into account in research and innovation activities in four fundamentally different futures, as opposed to analysing current practices; and (ii) put the emphasis...

By including the effects of learning over time on both the production of components and their integration into complete products, we develop an engineering-based model of outsourcing. This model provides an alternative explanation for much of what other outsourcing theories predict, as well as...

In this paper we address the hard problem of search. Search is a pervasive phenomenon of biological and economic life. But search is hard—especially in uncertain and dynamic environments. We develop a generalized form of question-answer probing as a way of simplifying search, with implications...

Several streams of recent literature emphasize the advantages of involving external sources of innovation in the process of developing complex products (Powell et al., 1996; Helper et al., 2000; Sturgeon, 2002; Chesbrough, 2003). The question we tackle in the present article is 'What are the key micro...

Building on the search-based view of innovation, we develop a framework regarding how Google guides innovative search behavior. We exploit an exogenous shock, China’s unexpected blockade of Google in 2014, and adopt a difference-in-differences approach with a matched sample of patents from...

Since 1932, when Justice Louis Brandeis remarked that in a federal system states can serve as "laboratories" of democracy, political decentralization has been thought to stimulate policy experimentation. We reexamine the political economy behind this belief, using a simple model of voting in...

Contract today increasingly links entrepreneurial innovations to the efforts and finance necessary to transform ideas into value. In this Chapter, we describe the match between a form of contract that "braids" formal and informal contractual elements in novel ways and the process by which...

In this paper, we introduce a special issue of Small Business Economics on Financial and Institutional Reforms for an Entrepreneurial Society in Europe. There are many reasons for Europe to want to make the transition to a more entrepreneurial society. And for decades now, policy makers are...