We examine how IPOs and acquisitions affect entrepreneurial innovation as measured by patent counts and forward patent citations. We construct a firm-year panel dataset of all venture capital-backed biotechnology firms founded between 198'22'008 tracked yearly through 2006. We address the...

Much research has been devoted to look for characteristics that drive individuals towards engaging in entrepreneurship. Less attention has been given to the question of what makes people persist in or exit from entrepreneurship. Recent years have seen an increasing focus on entrepreneurial exit...

Gegenstand dieses Aufsatzes ist es, Forschungshypothesen zur Firmenselektion und zur industriellen Entwicklung aus der industrieökonomischen Theorie, sowie den theoretischen Ansatz der Organisationsökologie zu testen. Der empirischen Untersuchung liegt eine Stichprobe aus der Gewerbemeldedatei...

Objective: Practices of traditional marketing cannot be fully applied to small and medium-sized enterprises (SMEs). SMEs owners have a responsibility to replace the practice with innovative behaviour such as entrepreneurial marketing (EM). This objective of this study is to examine the role of...