Departing from research on expanding, high-technology industries, we study the impact of agglomeration in a declining, low-technology industry. The setting is U.S. footwear manufacturing between 1975 and 1991, when import competition rendered local support critical for survival. We examine how...

The behavioral theory of the firm and prospect theory predict that performance below an aspiration level increases risk taking, but researchers also propose that performance below an aspiration level decreases risk taking. These conflicting predictions primarily hinge on whether decision makers...

We integrate psychological theories of individual creativity with organizational theories of exploration versus exploitation to examine the relationship between past success and creativity over time. A key prediction derived from this theoretical integration is that successful people should be...

We apply the ecological concept of the organization's niche pioneered by John Freeman and Mike Hannan to the study of geographic communities. We define a community's market niche by the ties linking a community to the industries on which it depends for growth. We then hypothesize that the extent...

Innovation and Institutions is an extensive elaboration on the make up of systems of innovation. It examines why some countries are more innovative than others, why national styles of innovation differ, and goes on to explore why some countries make radical innovations but fail to successfully...

Since nation-states are complex, they require special methodological rules for sampling. The suggestion is made that societies should be selected on the basis of their score on some independent variable and studied over long time periods so as to maximize information gain and to minimize cost....

In this paper, we argue that a new policy model for science and technology is needed and must be evolutionary in nature. The paper proposes utilizing the idea innovation network theory as a framework for assessing sectoral innovation patterns and identifies six types, or “arenas,” of...