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Innovation and social capital: Across-country investigation
Doh, Soogwan; Ács, Zoltán J. - 2009
This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …
Persistent link: https://www.econbiz.de/10010271793
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Should continued family firms face lower taxes than other estates?
Grossmann, Volker; Strulik, Holger - 2008
Inheritance taxes may induce heirs to discontinue family firms. Because firm dissolution incurs transaction costs, a preferential tax treatment of transferred family businesses seems to be desirable from a macroeconomic viewpoint. The support of dynastic succession, however, entails also a cost...
Persistent link: https://www.econbiz.de/10010265682
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Human capital diversity and product innovation: A micro-level analysis
Söllner, René - 2010
The paper investigates the relationship between human capital diversity measured in terms of occupational diversity and a firm's likelihood to innovate. The empirical analysis is based on a linked employer-employee panel dataset of German firms over the period 1998 to 2007. Despite notable...
Persistent link: https://www.econbiz.de/10010267129
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Intellectual property rights and the knowledge spillover theory of entrepreneurship
Ács, Zoltán J.; Sanders, Mark - 2008
generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial …
Persistent link: https://www.econbiz.de/10010271789
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An Innovation Policy Framework: Bridging the Gap between Industrial Dynamics and Growth
Braunerhjelm, Pontus; Henrekson, Magnus - 2015
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …
Persistent link: https://www.econbiz.de/10010504476
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Creating strategic advantage through entrepreneurial governance in new ventures
Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
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The global entrepreneurship index (GEINDEX)
Ács, Zoltán J.; Szerb, László - 2009
drive innovation. …
Persistent link: https://www.econbiz.de/10010266685
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Regional effects on cooperative innovation activities and the related variety of regional knowledge bases
Cantner, Uwe; Meder, Andreas - 2009
effects of cooperative innovation activities and analyzes furthermore how dif- ferent dimensions of regional knowledge affect …The literature on Innovation Systems is divided into several directories. Dif- ferences occur through the definition of … the regional effects on coopera- tive innovation activities. We find evidence that the related variety of knowl- edge …
Persistent link: https://www.econbiz.de/10010267085
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Penetrating the knowledge filter in "rust-belt" economies
Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2008
A new model of economic growth introduces the knowledge filter between new generic knowledge and economically …-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms … that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at penetrating the …
Persistent link: https://www.econbiz.de/10010270590
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The knowledge spillover theory of entrepreneurship and foreign direct investment
Ács, Zoltán J.; Brooksbank, David J.; O'Gorman, Colm; … - 2007
We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …
Persistent link: https://www.econbiz.de/10010271769