Organization), the analysis of the e.ects of uncertainty within this field is yet underdeveloped.This paper shows that the new … regarding asymmetry, technology adoption and decreasing uncertainty over time are reviewed.Among others, it is found that the …

toward uncertainty.Unlike previous models of innovation, the firm-formation process is endogenous.An entrepreneur, who owns … residual profits, utilizes an uncertain technology and hires a worker who may only be partially isolated from uncertainty … the nature of the firm. The relationship between technological uncertainty and the nature of the firm is able to explain …