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Quality risk aversion, conjectures, and new product diffusion

Bogliacino, Francesco; Rampa, Giorgio - In: Journal of Evolutionary Economics 22 (2012) 5, pp. 1081-1115

In this paper, we provide a generalization of the standard models of the diffusion of a new product. Consumers are heterogeneous and risk averse, and the firm is uncertain about the demand curve: both learn from past observations. The attitude towards risk has important effects with regard to...

Persistent link: https://www.econbiz.de/10011001838

Revolving doors: entrepreneurial survival and exit

Cefis, Elena; Marsili, Orietta - In: Journal of Evolutionary Economics 21 (2011) 3, pp. 367-372

Persistent link: https://www.econbiz.de/10009325786

Born to flip. Exit decisions of entrepreneurial firms in high-tech and low-tech industries

Cefis, Elena; Marsili, Orietta - In: Journal of Evolutionary Economics 21 (2011) 3, pp. 473-498

Persistent link: https://www.econbiz.de/10009325793

How do entrepreneurs know what to do? learning and organizing in new ventures

Aldrich, Howard; Yang, Tiantian - In: Journal of Evolutionary Economics 24 (2014) 1, pp. 59-82

Acquiring the knowledge they need to organize new businesses is a life-long learning process for nascent entrepreneurs, both before and during the organizing process. We argue that creating viable and profitable ventures depends not only on the habits, heuristics, and routines that nascent...

Persistent link: https://www.econbiz.de/10010759862

Four essays on economic evolution: an introduction

Dollimore, Denise; Hodgson, Geoffrey - In: Journal of Evolutionary Economics 24 (2014) 1, pp. 1-10

This essay is in two parts. The first considers the evolution of evolutionary economics from 1982 to 2012. While enormous advances are acknowledged, it is argued that the field is in danger of fragmentation and that there has been relatively little development in its over-arching theoretical...

Persistent link: https://www.econbiz.de/10010759863

What turns knowledge into innovative products? The role of entrepreneurship and knowledge spillovers

Block, Joern; Thurik, Roy; Zhou, Haibo - In: Journal of Evolutionary Economics 23 (2013) 4, pp. 693-718

The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of … entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … outcomes. We hypothesize that a high rate of entrepreneurship facilitates the process of turning knowledge into new …

Persistent link: https://www.econbiz.de/10010849025

Start-ups, long- and short-term survivors, and their contribution to employment growth

Fritsch, Michael; Noseleit, Florian - In: Journal of Evolutionary Economics 23 (2013) 4, pp. 719-733

This study documents that the survival of start-ups is central in explaining the relationship between entry and regional employment growth. Distinguishing between start-ups according to the period of their survival shows that the positive effect of new business formation on employment growth is...

Persistent link: https://www.econbiz.de/10010849032

The strength and persistence of entrepreneurial cultures

Foreman-Peck, James; Zhou, Peng - In: Journal of Evolutionary Economics 23 (2013) 1, pp. 163-187

The twentieth century United States provides a natural experiment to measure the strength and persistence of entrepreneurial cultures. Assuming immigrants bear the cultures of their birth place, comparison of revealed entrepreneurial propensities of US immigrant groups in 1910 and 2000 reflected...

Persistent link: https://www.econbiz.de/10010849053

Entrepreneurship, structural change, and economic growth

Noseleit, Florian - In: Journal of Evolutionary Economics 23 (2013) 4, pp. 735-766

The ability to adjust to structural change is vital to economic development, and entries can be active participants in this process. While the importance of factor reallocations for growth is widely discussed, the role of entrepreneurs in managing these reallocations is currently not well...

Persistent link: https://www.econbiz.de/10010849057

Property rights as a complex adaptive system: how entrepreneurship transforms intellectual property structures

Harper, David - In: Journal of Evolutionary Economics 24 (2014) 2, pp. 335-355

This article aims to provide some elements of an evolutionary theory of property rights. It applies a systems …

Persistent link: https://www.econbiz.de/10011001823