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Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic...
Persistent link: https://www.econbiz.de/10010270589
new vis-à-vis incumbent firms in Australia. In particular, we focus on how the intensity of innovation in each industry …
Persistent link: https://www.econbiz.de/10014212345
either mayflies or longdistance runners. -- Entry and exit ; growth ; hit-and-run competition ; innovation ; dynamic panel …
Persistent link: https://www.econbiz.de/10009424467
We propose a novel model of knowledge discovery shedding light on the emergence of General Purpose Technologies (GPTs), the process which has been largely neglected in the literature on technological change. We demonstrate that GPTs emerge only when certain conditions with regard to the...
Persistent link: https://www.econbiz.de/10011557196
This paper investigates whether the presence of ambitious entrepreneurs is a more important determinant of national economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the extent to which high growth ambitions of entrepreneurs...
Persistent link: https://www.econbiz.de/10010276971
This paper investigates whether the presence of ambitious entrepreneurs is a more important determinant of national economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the extent to which high growth ambitions of entrepreneurs...
Persistent link: https://www.econbiz.de/10014223674
innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship … that it takes about 15 years for an innovation to run a cycle, and the American economy is now in about the 5th year of a …. Like the disease which destroy a brain's neurons, the downward innovation ratchet is irreversible because the innovation …
Persistent link: https://www.econbiz.de/10012723101
economic vitality caused by investments in domestic technology innovation in the formerly integrated national economy, national … innovation Along with the new innovation park infrastructure, the most important job creation strategy that the EDA could … implement is creating the new capital market infrastructure that targets investments to regional innovation opportunities. This …
Persistent link: https://www.econbiz.de/10014210433
innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship …, primarily in metro regional economies. In this column, the organization discusses the definition of innovation economics with …. The authors' reference the topic of innovation economics covered in a Business Week article, published earlier this fall …
Persistent link: https://www.econbiz.de/10014211079
This chapter reviews the theoretical and empirical literature on learning by doing. Many of the distinctive theoretical implications of learning by doing have been derived under the assumption that the cost–quantity relationships observed in numerous empirical studies are largely the result of...
Persistent link: https://www.econbiz.de/10014025166