development of new products? Why have traditional economic models of investment failed to explain the behavior of investment …, they answer important questions about investment decisions and the behavior of investment spending. This new approach to … understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy …

, stems from the experience of doing it. Therefore, different employers immensely contend for managers' highly valuable export … experience. As managers can accept better and better positions from several offers, they may become highly mobile, thus having a … this idea by discriminating between knowledge ascribable to managers’ former job experience and that attributable to their …