Showing 1 - 9 of 9
/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the … crossroads between sources of knowledge and the experiential and intellectual base of an entrepreneur (i.e., dimensions of his …/her human capital) suggests that it is through experience and through education that an entrepreneur obtains knowledge. Using …
Persistent link: https://www.econbiz.de/10012055295
entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …
Persistent link: https://www.econbiz.de/10010271750
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
The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … the former, while the continental Europeans have chosen thelatter. The purpose the thirteen articles of Innovation …
Persistent link: https://www.econbiz.de/10010324513
), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge …A rich literature links knowledge inputs with innovative outputs. However, most of what is known is restricted to … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 …
Persistent link: https://www.econbiz.de/10011947391
Persistent link: https://www.econbiz.de/10010271749
firms having a higher probability of initiating innovation activities and of successfully turning knowledge into innovation … activities—R&D, innovative output, and productivity—hold for knowledge-intensive services. With especially high start-up rates … and the majority of employees in microfirms, knowledge-intensive services (KIS) have a starkly different profile from …
Persistent link: https://www.econbiz.de/10012294269
Persistent link: https://www.econbiz.de/10011279545
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010291111