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A Stochastic Life Cycle Model of Academic Research and Patent Licensing
Jensen, Richard - Department of Economics, University of Notre Dame - 2011
We extend the literature on life cycle behavior of faculty researchers by assuming two knowledge stocks, scientific (free to all) and patentable (appropriable). Faculty derive utility from research effort, leisure, prestige in knowledge accumulation, and income. Faculty with a strong preference...
Persistent link: https://www.econbiz.de/10010607407
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International New Venture Legitimation: An Exploratory Study
Turcan, Romeo V. - In: Administrative Sciences 3 (2013) 4, pp. 237-265
driven sampling, five international new ventures were selected that were operating in the software sector in the UK, and had …
Persistent link: https://www.econbiz.de/10010712607
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Race to the Future: Innovations in Gifted and Enrichment Education in Asia, and Implications for the United States
Ibata-Arens, Kathryn C. - In: Administrative Sciences 2 (2012) 1, pp. 1-25
How are Asian countries preparing children to have skills—including creativity, innovation, and technical capability … education policy and practice into a key component of national innovation strategies: human capital development. Asian countries … are developing an emphasis on innovation and creativity at all levels of education, while the United States continues (via …
Persistent link: https://www.econbiz.de/10009393784
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Innovation, productivity gains and the evolution of market structure
Amendola, Mario; Gaffard, Jean-Luc; Musso, Patrick - Sciences économiques, Sciences Po - 2006
productivity gains. In fact, the viability of innovation processes cannot be dissociated from the way market structures emerge and …
Persistent link: https://www.econbiz.de/10011145878
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Acquire and fire? Evidence from European mergers
Furlan, Benjamin - 2015
This paper provides a systematic analysis on the employment effects after merger and acquisition activities for a sample of European production firms. Rather than taking the perspective of the acquired firm, which has been extensively addressed in previous research, this paper focuses on the...
Persistent link: https://www.econbiz.de/10011622786
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Nonparametric estimation of the random coefficients model: An elastic net approach
Heiss, Florian; Hetzenecker, Stephan; Osterhaus, Maximilian - 2019
This paper investigates and extends the computationally attractive nonparametric random coefficients estimator of Fox, Kim, Ryan, and Bajari (2011). We show that their estimator is a special case of the nonnegative LASSO, explaining its sparse nature observed in many applications. Recognizing...
Persistent link: https://www.econbiz.de/10012099343
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Nonparametric estimation of the random coefficients model: An elastic net approach
Heiss, Florian; Hetzenecker, Stephan; Osterhaus, Maximilian - 2019
This paper investigates and extends the computationally attractive nonparametric random coefficients estimator of Fox, Kim, Ryan, and Bajari (2011). We show that their estimator is a special case of the nonnegative LASSO, explaining its sparse nature observed in many applications. Recognizing...
Persistent link: https://www.econbiz.de/10012109949
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Linking social system failures: A short note on marriage and firm failure
Zanger, Ingmar; Padhi, Sidhartha S.; Wagner, Stephan M. - In: Journal of Innovation & Knowledge (JIK) 3 (2018) 1, pp. 40-43
This study examined social system failures and sought to identify a plausible mechanism behind these failures. Stretched exponential distributions were observed for failure of marriages in the US, UK, and Germany. In addition, the study provides evidence of power laws in the failure of large...
Persistent link: https://www.econbiz.de/10011946741
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Capitalism's Deniers
Nitzan, Jonathan; Bichler, Shimshon - 2019
A new, capitalism-denying book is on the shelves, and it makes a stunning discovery: ‘Capitalism without competition is not capitalism’! Capitalist crisis, like climate change, tends to breed ‘capitalism deniers’. The problem, argue the deniers, lies not in capitalism but in its...
Persistent link: https://www.econbiz.de/10011949233
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CasP's 'Differential Accumulation' versus Veblen's 'Differential Advantage' (Revised and Expanded)
Nitzan, Jonathan; Bichler, Shimshon - 2019
This paper clarifies a common misrepresentation of our theory of capital as power, or CasP. Many observers tend to box CasP as an ‘institutionalist’ theory, tracing its central process of ‘differential accumulation’ to Thorstein Veblen’s notion of ‘differential advantage’. This...
Persistent link: https://www.econbiz.de/10011959690