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I show how irrational ideas and rumors can drive asset prices - not because anyone believes them, but because they are commonly known without being common knowledge. The phenomenon is driven by short-term market participants who are well-informed about the information that others have, and who...
Persistent link: https://www.econbiz.de/10012099152
In this paper, we concentrate on how evolutionary economics contributes to a better understanding of the spatial evolution of newly emerging industries. Inspired by evolutionary thinking, four types of explanations are discussed and tested in an empirical analysis of the spatial pattern of the...
Persistent link: https://www.econbiz.de/10011318844
) evolutionary approach of industrial processes and changes that are embedded in the systems of innovation approach. The aim of this …
Persistent link: https://www.econbiz.de/10011400092
interventions in local, regional or national innovation systems. The paper argues that in order to prevent the fruitful and more …
Persistent link: https://www.econbiz.de/10011400542
school and concentrated specifically on the institutional features of modern capitalism. Despite the fundamental differences …
Persistent link: https://www.econbiz.de/10011647601
Besides the promising forecasts for Smart City market, many projects haven't taken off due to financial restrictions, unsustainable business models or too technological visions instead of citizen orientation. The need for innovative business models in the context of Smart City motivates this...
Persistent link: https://www.econbiz.de/10011577372
In the semantic architecture of the society of the knowledge the innovation concept is the fundamental brick. It is an … technological innovation, in the European Union research laboratory, and in the Andalusian government organ dedicated to the … innovation, science and business. In the university, and the public research institutes area the main point is research. Three …
Persistent link: https://www.econbiz.de/10011279509
, frequently marked by dynamism, often by uncertainty and risk, sometimes even hostility, depends, crucially, on the innovation … activity. Innovation activity, formation of innovation potential is definitely influenced by motivational politics and the … reward system. The article reflects on the evolution of innovative activity, formation of innovation potential, motivational …
Persistent link: https://www.econbiz.de/10011288265
rates of innovation and regional economic growth. Recent literature mainly in regional science and economic geography has …. Keywords: entrepreneurship, culture, innovation, regional economic growth JEL code: Z1, R11 …
Persistent link: https://www.econbiz.de/10011318839
, innovation and user-producer interaction in the KIBS sector, functional and regional integration are particularly decisive for …-Classification: D21, J23, L80, O30 Keywords: Employment growth; Entrepreneurship; Entry; Innovation; Knowledge-intensive business …
Persistent link: https://www.econbiz.de/10011318984