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evidence on the liability of newness and liability of aging theory that funds' investment skill changes to the positive or … aging theory. Furthermore, the observed diseconomies of life result from older funds pursuing less innovative investment … strategies. The lack of innovation manifests in less performance enhancing trading and fewer investments in hard-to-value stocks …
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exhaustible production; a process accelerated by rapid economic growth, technological innovation, and international trade. One can …
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This work offers an overview of recent formalizations of organizational capabilities and learning. We first present the main characteristics both of NK models and of the approach based on Classifier Systems, focusing on their early applications to organization studies. We then discuss how the...
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In this work we analyze the characteristics and dynamics of organizations wherein members diverge in terms of capabilities and visions they hold, and interests which they pursue. How does society put together such distributed and possibly coflicting knowledge? The question is "Hayekian" in its...
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