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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - CESifo - 2013
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10010877893
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Skill Variety, Innovation and New Business Formation
Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Institute for the Study of Labor (IZA) - 2014
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010884235
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Team Heterogeneity in Startups and its Development over Time
Kaiser, Ulrich; Müller, Bettina - Institute for the Study of Labor (IZA) - 2013
entrepreneurship research. To assess relative workforce heterogeneity, we construct a simulated benchmark to which we compare observed …
Persistent link: https://www.econbiz.de/10010887059
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Guanxi, performance and innovation in entrepreneurial service projects.
Arribas, Iván; Hernández, Penélope; Vila, Jose E. - Estructura de Recerca Interdisciplinar Comportament … - 2012
This paper analyzes the role played by two dimensions of entrepreneurs’ private social capital in the survival, growth and innovativeness of entrepreneurial service ventures: local size and preferential attachment degree. We build a bi-dimensional measure of social capital based on network...
Persistent link: https://www.econbiz.de/10010905987
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Skill Variety, Innovation and New Business Formation
Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Tinbergen Instituut - 2014
We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10011272604
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The location of new firms - Influence of commuting behaviour
Backman, Mikaela; Karlsson, Charlie - Centre of Excellence for Science and Innovation … - 2015
In this paper, we analyse where people who become self-employed actually start their firms. In the entrepreneurship … compared to the municipality of residence. Our results indicate that the entrepreneurship literature must reconsider its …
Persistent link: https://www.econbiz.de/10011273264
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China’s Institutional Architecture: A New Institutional Economics and Organization Theory Perspective on the Links between Local Governance and Local Enterprises
Krug, B.; Hendrischke, H. - Erasmus Research Institute of Management (ERIM), ERIM … - 2008
We start our exploration of China’s institutional change by asking what the China experience can tell us about institutional economics and organization theory. We point to under-researched areas such as the formation of firms and the interplay between firms and local politics. Our...
Persistent link: https://www.econbiz.de/10005288774
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Better Means More: Property Rights and High-Growth Aspiration Entrepreneurship
Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - Institute for the Study of Labor (IZA) - 2009
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …
Persistent link: https://www.econbiz.de/10005015496
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Regional Path-Dependence in Start-up Activity
Brenner, Thomas; Fornahl, Dirk - Disciplinegroep Economische Geografie, Faculteit … - 2008
This paper studies the impact of an existing industrial structure in a region on the number of start-ups in this region. The aim is to detect path-dependencies in the regional industry structure. To this end we study empirically the regional factors that influence start-up rates. The approach...
Persistent link: https://www.econbiz.de/10005345955
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New firm creation and failure: A matching approach
Gries, Thomas; Jungblut, Stefan; Naudé, Wim - United Nations University, Maastricht Economic and … - 2012
, as in labor market matching models. Deriving a novel Entrepreneurship-Beveridge curve, we show that a successful start … possible applications of this matching approach to formalize the economics of entrepreneurship. …
Persistent link: https://www.econbiz.de/10009653060