Pecuniary externalities are crucial in shaping the strategies to value the distinctivecompetences and the economic success of innovative firms. The analysis of conditions forlocalized knowledge appropriation and exploitation makes it possible to identify idiosyncratic production factors....

AbstractThe objective of this paper is to analyse the dynamics of networks in which new knowledgeemerges and through which it is exchanged. Our conjecture is that the structure of a networkcannot be divorced from the dynamics of the knowledge underpinning its activities. In so doing welook...

Innovation is still an obscure concept although many efforts have been made to improve the understanding and measurement of it. The growth of service activities throughout the economy has encouraged scholars, policy makers and executives to explore the determinants and features of the innovation...

“Production” and “transfer” of knowledge, and the role of institutions, are two major conceptual tenets of Innovation Systems (IS) literature, which flourished in the evolutionary stream of economics since the eighties of last century. Building on results of different disciplines, the...

This report summarises the research findings from a study into how the successfulintroduction of innovation in motorsport is organised and managed.The motorsport industry is a good example of how creativity, engineering,manufacturing and support services can be combined to produce world...

Improving the competitiveness of the UK economyis a national priority. Recent studies – the PorterReport1 and the Department of Trade and Industry(DTI) Innovation Review2 show that the UKlags behind its major competitors in terms ofproductivity. There is a growing consensus thatclosing the...