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Should continued family firms face lower taxes than other estates?

Grossmann, Volker; Strulik, Holger - 2008

entrepreneurship. Here, we investigate analytically and quantitatively the trade-off between transaction costs saved and creative …

Persistent link: https://www.econbiz.de/10010264315

Distribution of natural resources, entrepreneurship, and economic development : growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

Persistent link: https://www.econbiz.de/10010261348

Entrepreneurial innovation and sustained long-run growth without weak or strong scale effects

Grossmann, Volker - 2008

R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth (strong scale effect) or the level of per capita income (weak scale effect), with far-reaching policy implications. However, for modern times there is little empirical support for...

Persistent link: https://www.econbiz.de/10010264334

Why Entrepreneurs Choose Risky R&D Projects - but still not risky enough

Färnstrand Damsgaard, Erika; Hjertstrand, Per; … - 2016

business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …

Persistent link: https://www.econbiz.de/10011555580

Creative destruction and productive preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...

Persistent link: https://www.econbiz.de/10010291511

Distribution of Natural Resources, Entrepreneurship, and Economic Development : Growth Dynamics with Two Elites

Falkinger, Josef; Grossmann, Volker - 2021

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

Persistent link: https://www.econbiz.de/10013318254

Are High-Growth Firms Overrepresented in High-Tech Industries?

Daunfeldt, Sven-Olof; Elert, Niklas; Johansson, Dan - Institutet för Näringslivsforskning (IFN) - 2015

It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...

Persistent link: https://www.econbiz.de/10011211884

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2009

We construct a model where incumbents can either acquire basic innovations from entrepreneurs, or wait and acquire developed innovations from entrepreneurial firms supported by venture capitalists. We show that venture-backed entrepreneurial firms have an incentive to overinvest in development...

Persistent link: https://www.econbiz.de/10005025461

Entrepreneurial Innovations and Taxation

Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2012

Many governments promote small businesses for the dual reasons of fostering ‘breakthrough’ innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation project and on their mode of commercializing...

Persistent link: https://www.econbiz.de/10009399312

To Be or Not to Be : The Entrepreneur in Neo-Schumpeterian Growth Theory

Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2022

Based on a review of 700+ peer-reviewed articles since 1990, identified using text mining methodology and supervised machine learning, we analyze how neo-Schumpeterian growth theorists relate to the entrepreneur-centered view of Schumpeter (1934) and the entrepreneurless framework of Schumpeter...

Persistent link: https://www.econbiz.de/10014244277