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decrease the relevance of location by creating knowledge clusters and knowledge hubs. A knowledge cluster is a local innovation …With globalisation and knowledge-based production, firms may cooperate on a global scale, outsource parts of their … knowledge seem to invalidate the theory of agglomeration and the spatial clustering of firms, going back to the classical work …
Persistent link: https://www.econbiz.de/10010206387
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In this essay we respond to Jepperson and Meyer’s (2011) critique of “action theories” and methodological individualism in sociology. We highlight fundamental problems with their argument, notably their misconception of methodological individualism(s) and the belief that this explanatory...
Persistent link: https://www.econbiz.de/10014042958
Human capital has often been discussed in transaction cost economics, particularly in connection with understanding the employment relation. This chapter reviews Williamson's thinking on the issue, explains how it differs from Coase and Simon's, and briefly discusses the relevant empirical...
Persistent link: https://www.econbiz.de/10014047904
corporate capacity to strike a favorable balance between the production and the exploitation of new knowledge. This argument is …
Persistent link: https://www.econbiz.de/10005839245
Malay identity in the construction of the recently founded knowledge city of Cyberjaya, part of the flagship Multimedia …
Persistent link: https://www.econbiz.de/10011259613
Penang has always been a focal point, absorbing knowledge (and popular culture) from civilizations to the East and West … the development of Penang as an increasingly important Asian knowledge hub. One of the highlighted results of our paper …
Persistent link: https://www.econbiz.de/10009328144
Malay identity in the construction of the recently founded knowledge city of Cyberjaya, part of the flagship Multimedia …
Persistent link: https://www.econbiz.de/10010327419
We outline an Austrian approach to economic organization based on the entrepreneur and the Austrian idea of capital as heterogeneous and time-dimensioned, tow themes associated with Israel Kirzner's contributions. We provide a novel interpretation of capital heterogeneity based on the notion of...
Persistent link: https://www.econbiz.de/10005273118