This paper adopts sociometric analysis to explore the process of knowledge acquisition and diffusion in clusters of firms. By comparing the knowledge systems of two clusters selected for being at different stages of their development path, this study shows that the knowledge system of the...

This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...

Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process. Stable and sustained long-term growth in output...

To innovate, firms constitute a 'knowledge-capital', defined as a set of information and knowledge produced, acquired and used in the value creation process. In this paper, we focus on small and medium-sized companies (SMEs) and study their ability to develop their own knowledge-capital as well...

This paper explores the question of how immigrant employees affect a firm's capacity to absorb foreign knowledge. Using matched employer-employee data from Denmark for the years 1996 to 2009, we are able to show that non-Danish employees from technologically advanced countries contribute...

Cybersicherheit ist entscheidend für eine erfolgreiche digitale Transformation. Das volle Potenzial digitaler Technologien kann nur ausgeschöpft werden, wenn Institutio-nen, Unternehmen und Privatpersonen sich auf die Sicherheit ihrer Daten und Systeme verlassen können. Bislang ist das nicht...

This paper sheds new lights on the internationalization of technological activities of the top corporate R&D investors worldwide. In particular, we provide evidence on the technological factors determining their international R&D location strategies. The empirical analysis is based on the...