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In order to assess the relationship between internal and external innovative inputs and innovative output at firm level, a knowledge production function is estimated for a representative sample of Italian manufacturing firms over the period 1998-2003. To account for endogeneity of R&D effort in...
Persistent link: https://www.econbiz.de/10005509617
This paper aims to understand some of the mechanisms which dominate the phenomenon of knowledge diffusion in the process that is called ‘interactive learning’. We examine how knowledge spreads in a network in which agents have ‘face-to-face’ learning interactions. We...
Persistent link: https://www.econbiz.de/10005518565
This article aims at understanding the determinants of Italian small- and medium-sized enterprises' (SMEs) turnover growth having in mind the fact that the Italian economic system relies substantially on small firms which have traditionally managed to stay competitive by adopting strategies such...
Persistent link: https://www.econbiz.de/10005484632
Persistent link: https://www.econbiz.de/10005434743
I recenti anni sono stati definiti come l'era della conoscenza; essa viene vista nell'interpretazione teorica come una delle determinanti principali dell'accumulazione, nel tempo, di un potenziale di sviluppo. Vi e' pertanto un sostanziale accordo sull'idea che la conoscenza sia un elemento...
Persistent link: https://www.econbiz.de/10005434765
This paper analyses the dynamics of return to knowledge where knowledge is acquired through the combination of interactive and individual learning. We suggest that in light of this new definition of knowledge, choosing the optimal level of education is no longer an individual exercise of present...
Persistent link: https://www.econbiz.de/10005408325
This paper provides an experimental test of the traveller’s dilemma. Our investigation aims to address the research hypothesis that introducing a reference point à la Schelling (set equal to the Pareto optimal solution) might drive people away from rationality even when the size of the...
Persistent link: https://www.econbiz.de/10011108447
In this paper we analyse the empirical performance of several preference functionals using individual and group data. Our investigation aims to address two fundamental questions that have, until now, not been addressed in literature. Specifically, we intend to assess if there exists a risky...
Persistent link: https://www.econbiz.de/10011108949
This book focuses on knowledge-based economies and attempts to analyze dynamic innovation driven processes within those economies. It shows that evolutionary economics, and in particular the strand of applied industry and innovation studies often called Neo-Schumpeterian economics, has left the...
Persistent link: https://www.econbiz.de/10011169290
This paper presents a game theoretic morphological analysis of the U.S. environmental authorities’ (i.e., EPA and DOJ) behavioural mechanisms, based on strategic interactions among the players. The models explore the role of discretion that such authorities enjoy, either in deciding how to...
Persistent link: https://www.econbiz.de/10011258128