This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial … files for the period 1997-2008, three types of incumbent firms are distinguished: firms that are engaged in innovation … new firm can be linked back to the innovation strategy of the parent firm. In contrast, there is strong evidence that …

This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial … files for the period 1997-2008, three types of incumbent firms are distinguished: firms that are engaged in innovation … new firm can be linked back to the innovation strategy of the parent firm. In contrast, there is strong evidence that …

This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian …, competition may also reduce innovation incentives for laggards. This model generates four main predictions which we test … empirically. First, the relationship between product market competition (PMC) and innovation is an inverted U-shape: the escape …

regional innovation systems and international knowledge flow by using trade data on openness. The study distinguishes between …

effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

This paper investigates the relationship between product market competition and innovation. It uses the radical policy … competition and patenting. It then develops an endogenousm growth model with step-by-step innovation that can deliver this … inverted-U pattern.In this model, competition has an ambiguous effect on innovation. On the one hand, it discourages laggard …

effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …