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The aim of this paper is to study the ambivalent properties of stabilities of clusters. We propose to enter the black … clusters. Thus, when uncertainty and search for legitimacy prevail on the need for coordination and the associated necessities … of compatibility and technological convergence, the clusters are unstable, due to an excess of cognitive proximity and a …
Persistent link: https://www.econbiz.de/10005771922
We introduce an algorithm for solving dynamic economic models that merges stochastic simulation and projection approaches: we use simulation to approximate the ergodic measure of the solution, we construct a fixed grid covering the support of the constructed ergodic measure, and we use...
Persistent link: https://www.econbiz.de/10010615148
Recent studies have stressed the role played by global pipelines in fostering cluster growth and innovativeness. This paper develops a formal model investigating when global pipelines contribute to increase local knowledge, depending on various cluster characteristics such as size, knowledge...
Persistent link: https://www.econbiz.de/10008862225
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including clusters and individual workstations. The grid changes dynamically during the computation, as processors enter and …
Persistent link: https://www.econbiz.de/10011155112
Several approaches for subset recovery and improved forecasting accuracy have been proposed and studied. One way is to apply a regularization strategy and solve the model selection task as a continuous optimization problem. One of the most popular approaches in this research field is given by...
Persistent link: https://www.econbiz.de/10010291802
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010291823