The article addresses two aspects of the same research question: (A) To what extent do feedback questionnaire scores reflect an objective basis for decision making? (B) Do the same mechanisms used in two different institutions produce the same results? The first section examines the question of...

A knowledge economy still produces goods and services, although by the important use of knowledge. Therefore, economic models are relevant to understanding how a knowledge economy should properly work, particularly the financial system in a knowledge economy. When finance fails, all knowledge...

<Para ID="Par1">University patent holders have been encouraged to use their inventions to start technology firms. This has been touted as a major contributor to economic development, value creation, and spillovers. It is theoretically and practically important to understand the antecedents to this activity. In...</para>

Many firms have mastered new product development and sustaining innovation by applying well-established methodologies such as the Stage-Gate model. But radical innovations may possess distinctive characteristics that overwhelm the capabilities of Stage-Gate: dependence on unpredictable...

A layered financial structure is the key institutional feature of the financial subsystem of a knowledge economy. The concept was introduced by Irving Minsky and has been proven the empirical key in understanding bank panics, such as the global financial crisis of 2007–2008. However, even...

The problem of proper control in society is a complicated issue. It is complicated by the fact that three different types of control exist in a society: control in socio-technical systems, control in managed systems, and control in self-organizing systems. We apply the theory of societal...

Hydrogen holds a prominent role as renewable energy carrier of the future due to its high gravimetric energy density. However, the most urgent technological challenge—especially concerning mobile applications in fuel cell vehicles—is the development of appropriate hydrogen storage options....

The electric power industry has been consistently moving away from vertically integrated, centrally regulated system towards a market-based, competitively organized industry. There remain unfulfilled requirements for institutional reform. In this paper, we confront existing and developing...

The theoretical concepts of a national innovation system and of a quadruple helix of interactions within a system have been used to characterize American and European successes in transforming knowledge to utility—through research and development and entrepreneurship and new ventures. In this...

This paper explores the process of the adoption of value-added mobile services by investigating value-added services especially for information services. Determinants of mobile service intention, attitude, and usefulness were found to be significant factors. Personalization, mobility, user...