We explore heterogeneity in the formation of new ventures within regions using agent-based simulation methodology. The study draws on entrepreneurial knowledge and action literature to examine the roles of knowledge acquisition and transformation in regional sustainability of new venture...

The academic firm is a type of firm (firm-based organization or institution) that is being driven by focusing on encouraging, supporting, and advancing knowledge production (research, research and experimental development, R&D) and knowledge application (innovation). The academic firm interprets...

With the comprehensive term of "Mode 3," we want to draw a conceptual link between systems and systems theory and want to demonstrate further how this can be applied to knowledge in the next steps. Systems can be understood as being composed of "elements", which are tied together by a...