Transitions and Innovation Systems as a guide for authors, this conceptual paper suggests topic areas, streams of research, and …

aversion, risk seeking over losses, and nonlinear and asymmetric probability weighting (in the spirit of Jullien and Salanié …, 2000). Loss aversion induces those speculators to trade more cautiously, while risk seeking induces them to trade more …

hold different portfolios. Our model is able to generate a time-varying risk premium of about 5.5% while maintaining a low … risk free rate, thus suggesting a plausible explanation for the equity premium puzzle reported by Mehra and Prescott (1985). …

Technology and innovation play an increasingly important role in the economic development of both developed and … innovation or imitation by developing a conceptual model and then empirically testing it using pesticide innovation data from a … rapidly developing country, China. We find that the government encouraged local innovation by opening regions to more …

Innovation comprises the processes of invention and commercialization. While the importance of innovation, especially … innovation and, in particular, builds on the evolutionary explanation of technology development, the Teecian framework on … profiting from innovation, Transaction Cost Economics (TCE), the Knowledge-Based View (KBV), and open innovation and innovation …

. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …

of smaller, entrepreneurial entities. Specifically, it analyzes how small business entrepreneurs might invoke principles … of enterprise risk management to mitigate the long-term impact of financial distress on their business models. It also … objective is to help policymakers, entrepreneurs and investors rethink financial distress and recognize opportunities for …

create shared perceptions that support innovation and entrepreneurship. This paper argues for congruency, as well as … option; it is crucial to the ongoing success of global businesses. Leadership that encourage innovation and entrepreneurial … entrepreneurship into transition economies. …