As a first step towards understanding the evolution of small groups in firms, this paper develops and tests a simple decision-theoretical model of research-unit evolution in which, as managers resolve their uncertainty over time, they shut down under-performing units and remove under-performing...

It is known that small firms rely mainly on the CEO’s individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees’ knowledge. We study to which extent using CEOs, managers and non-managerial employees’ ideas...

Vorliegendes Paper analysiert den Innovationserfolg von schwerpunktmäßig kleinen und mittelständischen Unternehmen (KMU) in der Region Jena auf Basis der Datensätze des Projektes KompNet2011 - Erfolgsfaktoren regionaler Innovationsnetze. Hierbei wird der Innovationserfolg sowohl mit Hilfe...

The role of geographical proximity in fostering connections and knowledge flows between innovative actors ranks among the most controversial themes in the research of innovation systems, regional networks and new economic geography. While there is ample empirical evidence on the constituent...

Spatial proximity is assumed in the literature to be a prerequisite and trigger for cooperation and, subsequently, innovation. This paper examines conceptually the role of proximity between actors for cooperation activities. Using theories and findings from social psychology and combining them...

We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...

The Prosperity pillar of the 2030 Agenda for Sustainable Development calls for an integrated approach based on boosting productivity through diversification, upgrading technology and innovation, and increasing employment and entrepreneurship. Thailand needs to address all these challenges to...

This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...