• Darwin, recessions and firms : an evolutionary perspective on firms in recessions 

      Knudsen, Eirik Sjåholm (Working paper;05/13, Working paper, 2013-01)
      Evolutionary theory is well suited for studying how firms are affected by recessions, but little focus has been given, both theoretically and empirically, to this phenomenon. In this paper I draw on evolutionary theory and ...
    • Innovation, human capital and exogenous shocks 

      Knudsen, Eirik Sjåholm; Lien, Lasse B. (Working paper;33/13, Working paper, 2013-12)
      Strategic entrepreneurship is about the simultaneous exploitation of existing advantages and the creation and exploitation of new opportunities. These are often referred to as the strategy-and the entrepreneurship dimension, ...
    • Investments in recessions 

      Knudsen, Eirik Sjåholm; Lien, Lasse B. (Working paper;03/13, Working paper, 2013-01)
      We argue that the strategy literature has been virtually silent on the issue of recessions, and that this constitutes a regrettable sin of omission. A key route to rectify this omission is to focus on how recessions affect ...
    • Knowledge investments in recessions : the effects of demand and credit 

      Knudsen, Eirik Sjåholm; Lien, Lasse B. (Working paper;34/12, Working paper, 2012-10)
      We examine how recessions change firms’ knowledge investments. Unlike existing work we split the effects of recessions into demand reductions, and problems with access to credit. Our main findings are that investments in ...
    • Shadow of trouble : the effect of pre-recession characteristics on the severity of recession impact 

      Knudsen, Eirik Sjåholm (Working paper, Working paper, 2011-06)
      The recent financial crisis has heightened the need to understand why some firms are more severely affected by recessions than others and how different firm and industry characteristics affect firms’ vulnerability to such ...
    • Skjev eller bare hard? Økonomisk seleksjon i utider 

      Knudsen, Eirik Sjåholm; Lien, Lasse B. (Arbeidsnotat;52/13, Working paper, 2013-12)
      Økonomisk seleksjon foregår ved at bedrifter konkurrerer seg i mellom i et marked. Konkurransen mellom dem – konkurransekreftene – danner en seleksjonsmekanisme som bestemmer hvilke selskaper som overleverer og vokser, og ...
    • The effect of recessions on firms’ boundaries 

      Knudsen, Eirik Sjåholm; Foss, Kirsten (Working paper;04/13, Working paper, 2013-01)
      The economic theory of the firm offers conflicting predictions of how the two major effects of recessions, changes in demand and access to credit, affect firm boundaries. Using data on Norwegian firms in the recent recession, ...