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In this paper I propose a novel abstract mechanism for the creation and diffusion of knowledge and use an agent based modelling approach to explore it. The mechanism takes into account the relation between the phenomena that agents attempt to explain and the stocks of knowledge available in a...
Persistent link: https://www.econbiz.de/10012591877
We develop a framework in which: (i) a firm can have a new product tested publicly before launch; and (ii) tests vary in toughness, holding expertise fixed. Price flexibility boosts the strong positive impact on consumer beliefs of passing a tough test and mitigates the strong negative impact of...
Persistent link: https://www.econbiz.de/10013039455
We study social learning and innovation in an overlapping generations model, emphasizing the trade-off between marginal … that sustaining radical innovation in the long-run requires external intervention. -- Social Learning ; Innovation …
Persistent link: https://www.econbiz.de/10009487824
We study social learning and innovation in an overlapping generations model, emphasizing the trade-off between marginal … that sustaining radical innovation in the long-run requires external intervention. -- Social Learning ; Innovation …
Persistent link: https://www.econbiz.de/10009488894
By including the effects of learning over time on both the production of components and their integration into complete …
Persistent link: https://www.econbiz.de/10013119851
academics alike. Learning and innovation play important roles and more critical is the mediating factors and how it impacts the … learning and innovation in youth-owned small businesses in Lagos, Nigeria, from a cross-sectional perspective. Design …/methodology/approach - Leveraging the sectoral system of innovation theory, we use a primary research method and data obtained from a structured …
Persistent link: https://www.econbiz.de/10012588669
-kibbutz plants and parent IKCs suggests that such involvement is essential for creating virtuous trust and learning cycles, for … virtuous trust and learning cycles, but they were suppressed as successes made them powerful and threatened bosses’ power. They … virtuous trust and learning cycles were proven in cooperative management and/or similar inside-outsiders …
Persistent link: https://www.econbiz.de/10014037484
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