Showing 1 - 10 of 34
Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …. When unique attributes of entrepreneurship are taken into account, some major conclusions of capital taxation models no …
Persistent link: https://www.econbiz.de/10005082489
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced product market profits, can increase the incentives for innovations. The reason is that the incentive to innovate depends on the acquisition price which, in turn, might increase...
Persistent link: https://www.econbiz.de/10005419538
destructive entrepreneurship. Baumol’s classificatory scheme is built around a limited concept of first-best outcomes and … therefore easily fails to appreciate the true impact of entrepreneurship in real world circumstances characterized by suboptimal … institutions. We present an alternative way of generalizing the notion of entrepreneurship and show how and why it encompasses the …
Persistent link: https://www.econbiz.de/10004969817
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
This paper focuses on how characteristics of regions pertaining to local information about product varieties and markets as well as networks for the transmission of information about innovation opportunities influence the arrival of innovation ideas to existing and potential entrepreneurs. We...
Persistent link: https://www.econbiz.de/10005190550
This paper introduces a model where new products are introduced by entrepreneurs or innovating firms in a quasi-temporal setting. Market conditions are characterized by monopolistic competition between varieties belonging to the same product group, where varieties can become obsolete over time...
Persistent link: https://www.econbiz.de/10005644959
This paper gives an overview of research on economic clusters and clustering and is motivated by the growing intellectual and political interest for the subject. Functional regions have the features that agglomeration of economic activities i.e. clusters, benefit from. Functional regions have...
Persistent link: https://www.econbiz.de/10005644967
We study start-ups in Knowledge Intensive Business Services (KIBS) across regions in Sweden by individuals with a formally recognized capacity to produce and develop advanced business services. The empirical analysis is based on a theoretical framework which emphasizes both supply- and...
Persistent link: https://www.econbiz.de/10005644995
policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … further our understanding of the determinants of entrepreneurial behavior and the economic effects of entrepreneurship. The …
Persistent link: https://www.econbiz.de/10005645286
Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or negative effects on overall productivity. Embedding central elements from these theories into a political economy framework reveals the bilateral causal relation between...
Persistent link: https://www.econbiz.de/10005645300