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are gratefully acknowledged, as well as the financial support of the European Union Human Capital and Mobility Program, Contract Nr. ERB4050PL930320. For the development of international scientific collaboration see among others Luukkonen et al. (1992).
Information economics provides important tools to articulate an economics analysis of the governance mechanisms for the generation and exploitation of localized technological knowledge. A variety of hybrid forms of knowledge governance ranging from coordinated transactions and constructed interactions to quasi-hierarchies can be found between the two… (More)
Complexity theory has become influential in recent models social science. In the context of innovation and new technologies, most applications have focused on technology adoption and technology diffusion, while the topic of the innovation process has received less attention. This paper discusses three families of complexity models of technological… (More)
for helpful comments and suggestions on earlier drafts. An earlier version of this paper was presented at the 8th Schumpeter conference, in Manchester. Financial support from two programmes of the European Commission is acknowledged. The analyses of the PACE data were supported by the KNOW project of the TSER Programme, while analyses of the 1997 CIS data… (More)
This paper analyzes the contribution of high-growth firms to the process of knowledge creation. We articulate a demand-pull innovation framework in which knowledge creation is driven by sales growth, and knowledge stems from creative recombination. Given the established literature on high growth firms and economic growth, we wonder whether gazelles follow… (More)
The economics of recombinant knowledge is a promising field of investigation. New technological systems emerge when strong cores of complementary knowledge consolidate and feed an array of coherent applications and implementations. However, diminishing returns to recombination eventually emerge, and the rates of growth of technological systems gradually… (More)