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Creative Destruction and Productive Preemption

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

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...

Persistent link: https://www.econbiz.de/10004964394

The Alert and Creative Entrepreneur: A Clarification

Kirzner, Israel M. - Institutet för Näringslivsforskning (IFN) - 2008

Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research (the … entrepreneurial decisions) provides a theoretical underpinning for public policy vis-à-vis entrepreneurship. Professor Kirzner’s main … contributions to the economics of entrepreneurship were also presented and evaluated by Douhan, Eliasson and Henrekson (2007). …

Persistent link: https://www.econbiz.de/10005645376

Commercialization of Swedish Patents – A Pilot Study in the Medical and Hygiene Sector

Svensson, Roger - Institutet för Näringslivsforskning (IFN) - 2002

In this paper, I analyze the commercialization of patents in the Swedish medicine & hygiene sector. A unique database makes it possible to use a new method, where I follow the commercialization process of individual patents. A surprisingly low share (10%) of the inventions was discovered at...

Persistent link: https://www.econbiz.de/10005645394