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We focus on both individual and local uncertainty to explain the innovation potential of entrepreneurs in the NUTS1 UK … choices are truncated is taken as a determinant of an entrepreneur's innovation decision. GEM (Global Entrepreneurship Monitor … determinant of individual entrepreneurial choice. The regional effect appears to amount to about 4% of the innovation differences …
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innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994-2002. We find that innovation behaviour is permanent at …
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This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have incentives to choose projects with higher risk and a higher potential in order to reduce expected commercialization costs. However, entrepreneurs may still select too safe projects from...
Persistent link: https://www.econbiz.de/10011549385
This paper examines the links between innovation and productivity in service enterprises. For this purpose, we use … micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and estimate an augmented … structural model. Our results indicate that innovation in service enterprises is linked to higher productivity. In all three …
Persistent link: https://www.econbiz.de/10011983700
Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be...
Persistent link: https://www.econbiz.de/10012162423
This paper examines the links between internationalisation, innovation and productivity in service enterprises. For … this purpose, we use micro data from the Community Innovation Survey 2008 in Germany, Ireland and the United Kingdom, and … of innovation outputs in all three countries. Our results indicate that innovation in service enterprises is linked to …
Persistent link: https://www.econbiz.de/10011792372