The strategic role of R&D-spillovers within vertical corporate networks (intra-group R&D-spillovers) is neglected in the innovation theory of Industrial Organization. In a two-industry model we formalize the effects of R&D-competition between two vertical corporate networks on supplier-market...

Engineering knowledge has an important component (the tacit dimension) that is acquired, developed, and enhanced through practical experience, or — conversely — that is never obtained or is lost due to the lack of such on-the-job applications. In this paper, we investigate various dimensions...

This article is based upon a review of the recent book edited by C. Edquist. This book presents different articles that have the development of the Systems of Innovation Approach as a common objective. This multidisciplinary approach proposes new foundations in order to build a global theory of...

This paper considers a three-stage game of a differentiated oligopoly: firms first make their entry decisions, then they choose production technologies and in the third stage of the game they decide product prices. The technology choice can be understood as selecting one from a pool of those...

In this paper we try to assess the potential application of neural networks as a modelling tool for complex evolutionary processes. The concept that we wish to investigate is the one of compound learning, that is the fact that, in a complex environment, what and how much economic entities learn...