Geographical clusters of innovative activity are mediums for the efficient transfer of tacit knowledge and its … thermodynamic theory, that models the tradeoff between fixed costs and variable costs. We identify tacit knowledge as noise … sensitive "high-fixed-cost knowledge" and demonstrate with the help of the analytical framework that it is more efficiently …

This paper summarizes the theory of knowledge from the book of the same title by the same author. The paper begins by … asking, and answering, what knowledge is. In searching for precise definitions it rids itself of the ambiguous term of … infinity. The seven main laws of knowledge are laid out and discussed. The theory is an economic theory and as such must …

In this paper the theory developed in the paper �The Fundamental Theory of Knowledge� by the same author is developed …. Analyzing point X gives a more firm understanding of knowledge and its properties. The timelessness and independence of point X … this point X is what gives knowledge its power in terms of economics. The concepts developed in the paper. The Fundamental …

definition of knowledge in accord with the Austrian School’s tradition, and basing on the definition, it sums up three behavior … assumptions and a framework on explaining individual behavior and expounds ideas on hierarchical knowledge and its change in real …

discuss its compatibility with two strands of Karl Popper's philosophy: his theory of knowledge and learning, and his …

Popper´s evolutionary theory of knowledge and learning. We claim that the latter provides macroeconomics with an …