The K-means algorithm and its variants are well-known clustering techniques. In actuarial applications, these partitioning methods can identify clusters of policies with similar attributes. The resulting partitions provide an actuarial framework for creating maps of dominant risks and...

Benedict C. Doepfer critically analyzes a networked approach to value creation processes of young knowledge-intensive entrepreneurial firms and assesses precise strategies and tactics in a regional context. He introduces the concept of co-innovation competence which he also examines empirically....