Related papers: Disruptive firms
We study the relationship between firms' performance and their technological portfolios using tools borrowed from the complexity science. In particular, we ask whether the accumulation of knowledge and capabilities related to a coherent set…
We consider a model of oligopolistic competition in a market with search frictions, in which competing firms with products of unknown quality advertise how much information a consumer's visit will glean. In the unique symmetric equilibrium…
The explosive development of "free" or "open source" information goods contravenes the conventional wisdom that markets and commercial organizations are necessary to efficiently supply products. This paper proposes a theoretical explanation…
Technological improvement is the most important cause of long-term economic growth. We study the effects of technology improvement in the setting of a production network, in which each producer buys input goods and converts them to other…
New product development needs new engineering approaches. Knowledge is a key resource that impacts traditional, organisational, economic and innovative models. Through NICT (New Information and Communication Technologies), globalisation…
Finding reliable data to inform decisions about technology for global development remains a challenge. Easily accessible "Knowledge platforms" are a way to curate and standardize information about technology for development. Three…
Recessions are periods in which the least productive firms in the economy exit, and as the economy recovers, they are replaced by new and more productive entrants. These cleansing effects improve the average firm productivity. At the same…
Targeting sustainability in our industrial society requires integrating specific criteria in the design process of products and processes. A paradigm shift is necessary in the economical, social and political systems to ensure the natural…
The emergence of the modern gig economy introduces a new set of employment considerations for firms and laborers that include various trade-offs. With a game-theoretical approach, we examine the influences of technology, policy and markets…
Advanced economies exhibit a high degree of sophistication in the creation of various products. While critical to such sophistication, the nature and underlying structure of the interactions taking place inside production processes remain…
Technological knowledge evolves not only through the generation of new ideas, but also through the reinterpretation of existing ones. Reinterpretations lead to changes in the classification of knowledge, that is, reclassification. This…
The emergence of large language models offers new possibilities for structured exploration of scientific knowledge. Rather than viewing scientific discovery as isolated ideas or content, we propose a structured approach that emphasizes the…
Nobel Prizes are commonly seen to be among the most prestigious achievements of our times. Based on mining several million citations, we quantitatively analyze the processes driving paradigm shifts in science. We find that groundbreaking…
Transformational outsourcing represents a strategic shift from traditional cost-focused outsourcing to a more profound and collaborative approach. It involves partnering with service providers to accomplish routine tasks and drive…
A bipartite producer-consumer network is constructed to describe the industrial structure. The edges from consumer to producer represent the choices of the consumer for the final products and the degree of producer can represent its market…
Despite extensive research on scientific disruption, two questions remain: why disruption has declined amid growing knowledge, and why disruptive work receives fewer and delayed citations. One way to address these questions is to identify…
In this work we use a proven model to study a dynamic duopolistic competition between an old and a new technology which, through improved technical performance - e.g. data transmission capacity - fight in order to conquer market share. The…
A set of economic entities embedded in a network graph collaborate by opportunistically exchanging their resources to satisfy their dynamically generated needs. Under what conditions their collaboration leads to a sustainable economy? Which…
Digitalization is a crucial characteristic of the current era, and green innovation has become one of the necessary pathways for enterprises to achieve sustainable development. Based on financial and annual report data of Chinese A-share…
Telecommunication networks have become as critical to the 21st century development as were railways, roads and canals, to the 19th Century developments and is now seen as enabler to a more sustained business, environment and society as a…