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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/10011555580
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
Persistent link: https://www.econbiz.de/10012941150
In this paper we investigate if a pro-environmental framing influences households' stated willingness to accept restrictions on their electricity use. We use a split-sample choice experiment (CE) and ask respondents to choose between their current electricity contract and hypothetical contracts...
Persistent link: https://www.econbiz.de/10012289119
Persistent link: https://www.econbiz.de/10011758252
The power system is undergoing a drastic transition towards both a high degree of intermittency and sectors requiring more electricity overall, with increasing risks of interruptions and power outages as a result. To decide how much resources to spend on a fully reliable power supply, it is...
Persistent link: https://www.econbiz.de/10014077055