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The selective nature of innovator networks: From the nascent to the early growth phase of the organizational life cycle

Cantner, Uwe; Wolf, Tina - 2016

Earlier studies have shown that entrepreneurs play a key role in shaping regional development. Innovator networks where these entrepreneurs are members of have been identified as one among many critical factors for their firms' success. This paper intents to go one step further and analyses in...

Persistent link: https://www.econbiz.de/10011580462

Prior knowledge and entrepreneurial innovative success

Cantner, Uwe; Goethner, Maximilian; Meder, Andreas - 2007

This paper is concerned with the relationship between innovative success of entrepreneurs and their prior knowledge at … evidence that the innovative success subsequent to firm formation is enhanced by entrepreneur's prior technological knowledge … but not by prior market and organizational knowledge. Moreover we find that prior technological knowledge gathered through …

Persistent link: https://www.econbiz.de/10010263810

The use and effect of social capital in new venture creation: Solo entrepreneurs vs. new venture teams

Cantner, Uwe; Stützer, Michael - 2010

This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182) and new venture teams (n=274) from a random sample of start-ups in innovative industries and test social capital use and its effects on firm performance. Our results reveal that...

Persistent link: https://www.econbiz.de/10010271190

Entrepreneurial Innovations, Competition and Competition Policy

Norbäck, Pehr-Johan; Persson, Lars - 2006

the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …

Persistent link: https://www.econbiz.de/10010320042

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - 2004

The starting point of this paper is that the exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent...

Persistent link: https://www.econbiz.de/10010320055

Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - 2009

What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...

Persistent link: https://www.econbiz.de/10010320207

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - 2009

sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward …

Persistent link: https://www.econbiz.de/10010320298

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2009

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...

Persistent link: https://www.econbiz.de/10010320309

Why Entrepreneurs Choose Risky R&D Projects - But Still Not Risky Enough

Färnstrand Damsgaard, Erika; Norbäck, Pehr-Johan; … - 2012

Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will choose more risky projects than incumbents, aiming to reduce their high expected marginal commercialization cost. However, entrepreneurs may select too safe projects from a social...

Persistent link: https://www.econbiz.de/10010320328

Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy

Gans, Joshua S.; Persson, Lars - 2012

entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property … them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in … increasing the rate of entrepreneurial innovation. …

Persistent link: https://www.econbiz.de/10010320357