Contributions from theoretical and empirical work were considered following a review of the literature concerning the economics of agglomeration, particularly those related to the causes of such economics. The pioneering work of G.Duranton and D. Puga (2003) and S. Rosenthal and W. Strange...

This paper studies the asset pricing implications of technology spillover, an important externality in innovation. While technology spillover enables firms to produce a variety of products that better satisfy their customers' love for variety, such benefits are procyclical, and investors...

This paper provides a theoretical and empirical investigation of the impact of social learning on modern contraceptive prevalence. A theory is developed where own or neighbors' experience increases the benefit from using modern contraceptives by reducing the uncertainty regarding contraceptive...

This paper provides a theoretical and empirical investigation of the impact of social learning on modern contraceptive prevalence. A theory is developed where own or neighbors' experience increases the benefit from using modern contraceptives by reducing the uncertainty regarding contraceptive...

The purpose of the paper is to explore, from an assessment viewpoint, the ideas below. Economics, as a social science, has always considered sets of individuals with assumed characteristics, namely the level of knowledge, although in an implicit way in most of the cases. In this sense, an...

This article reports the process of building a fuzzy set scale in order to value workers participation and their learning through a technical improvement project in metallurgical plants. The process starts with a practical question which stems from workers: "How can we value our own...

We study perfect Bayesian equilibria of a sequential social learning model in which agents in a network learn about an underlying state by observing neighbors' choices. In contrast with prior work, we do not assume that the agents' sets of neighbors are mutually independent. We introduce a new...

We examine the incentives for experimentation in the context of innovation and market competition. A monopolist chooses whether to sell early-stage product or perform costly scale-up R&D. Early market participation facilitates learning about demand but invites knowledge spillovers and...

Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation experience tell firms about what not to do in the...

Purpose: There is no learning without making mistakes. Collaboration, knowledge, and learning culture shape organizational behaviors. Hence, this study aims to develop a theoretical model of the above constructs to determine how mistakes are related to organizational intelligence based on the...