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This study investigates critical learning episodes as landmarks in the evolution of business start-ups. A framework that combines individual learning processes with the Penrosian resource-based theory of the firm, and the concepts of search and routines from evolutionary economics provides the...
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the network become more and more diversified. Copyright Springer Science+Business Media B.V. 2013 …
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elements and not merely to their joint activation. This paradoxical relationship creates a sense of conflict in individuals and …
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The authors consider a two-period game of conflict between two factions, which have a desire for revenge. It is shown … that, in contrast to conventional wisdom, the desire for revenge need not lead to escalation of the conflict. The subgame …€™ aggregate effort below the level exerted in the no-revenge case. This paradox of revenge is more likely, the more elastically …
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