This paper analyses the main institutional mechanisms that foster the emergence andperformance of firms in knowledge-intensive sectors in developing countries. We use theempirical data collected in 2005 and 2006 in the South African computer hardware andsoftware sectors and the Malaysian...

It is known that there are uncoupled learning heuristics leading to Nash equilibrium in all finite games. Why should players use such learning heuristics and where could they come from? We show that there is no uncoupled learning heuristic leading to Nash equilibrium in all finite games that a...