-doing and organizational forgetting in R&D on firms' incentives to innovate. I develop a dynamic step by step innovation model … with history dependency. Firms can accumulate knowledge by investing in R&D. As a benchmark I show that without knowledge … accumulation the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … history dependency is developed. Firms can accumulate knowledge by investing in R&D. As a benchmark without knowledge …, the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … history dependency is developed. Firms can accumulate knowledge by investing in R&D. As a benchmark without knowledge …, the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain …

This paper describes how entrepreneurial firms can use superior architectural knowledge to open up a technical system …

-doing and organizational forgetting in R&D on firms' incentives to innovate. I develop a dynamic step by step innovation model … with history dependency. Firms can accumulate knowledge by investing in R&D. As a benchmark I show that without knowledge … accumulation the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain …

innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994-2002. We find that innovation behaviour is permanent at …

knowledge base approach in empirical innovation studies, regardless of industrial, geographical or temporal context. The paper … thereby dismisses the wide-spread taxonomical application of knowledge base conceptualizations in innovation studies and …This paper has three aims. Firstly, to provide a critical review of previous conceptualizations of the knowledge base …

Past work has shown that failure tolerance by principals has the potential to stimulate innovation, but has not … ― in terms of an investor's required share of equity ― that increases in the level of radical innovation. Financiers with … tolerant. Since policies to stimulate innovation must often be set before specific investments in innovative projects are made …

James M. Buchanan revisited his mentor's famous 1923 essay “The Ethics of Competition” in an essay written for the …

The concepts of market, economic concentration, concurrent with competition mechanisms are key elements to market …