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over necessary resources - often in the face of competition. Knowledge contributes to that strategic power. Without … vigilance to maintain its currency and accuracy, the value of knowledge depreciates as circumstances change over time. Karl … considering the roles and importance of time in constructing knowledge and using it to maintain strategic power. Following Popper …
Persistent link: https://www.econbiz.de/10014175381
The days of vertical integration are over. Product development, manufacturing, and other activities once done by single firms are now fields of collaboration. This raises questions about the spatial aspects of interfirm collaboration. Firms have partners in their direct environment, at a...
Persistent link: https://www.econbiz.de/10013028397
neoclassical model of investment with physical capital, quasi-fixed labor, and two types of intangible capital, knowledge and brand …, installed labor force accounts for 14% to 22%, knowledge capital accounts for 20% to 43%, and brand capital accounts for 6% to … 25%. The importance of physical capital for firm value decreased in the last decades, while the importance of knowledge …
Persistent link: https://www.econbiz.de/10012853075
territorial systems, like industrial clusters or districts, in the destination countries. Various forms of knowledge creation and … different types of knowledge, which occurs through different "vectors": people (entrepreneurs, managers, employees) and goods …. In order to well understand causes and effects of industrial relocation, the economic, technological and knowledge …
Persistent link: https://www.econbiz.de/10014216345
Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …
Persistent link: https://www.econbiz.de/10012415623
-trivial unawareness among several individuals, and which satisfies strong properties of knowledge as well as all the desiderata on …
Persistent link: https://www.econbiz.de/10010366550
among several individuals and strong properties of knowledge. We show that this generalized state-space model arises …
Persistent link: https://www.econbiz.de/10010343960
Following the development of knowledge economies, there has been a rapid expansion of economic analysis of knowledge …, both in the context of technological knowledge in particular and the decision theory in general. This paper surveys this … of knowledge related questions in terms of applicability and alternative approaches has led to the fragmentation of …
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