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Evolutionary innovations: learning, entrepreneurship and the dynamics of the firm

✍ Scribed by Maureen McKelvey


Publisher
Springer-Verlag
Year
1998
Tongue
English
Weight
180 KB
Volume
8
Category
Article
ISSN
0936-9937

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Firms' long-term competitiveness depends on their capability of attaining product and/or process innovations that enable them to appropriate extraordinary rents for a certain period of time. In this paper, we investigate a dynamic interplay between "rms' learning capabilities, market reward structur