Showing 1 - 10 of 87
The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...
Persistent link: https://www.econbiz.de/10010576973
G23; G24; J15; J61; L5; L26; M12; M13; O31; O32; R11 </AbstractSection> Copyright Nathan; licensee Springer. 2014
Persistent link: https://www.econbiz.de/10010998403
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....
Persistent link: https://www.econbiz.de/10008530366
business services (KIBS) as leading vehicles for technological progress, of innovation as well as economic growth, all of which … on knowledge, they are located in urban areas and are considered as an essential element of the innovation system of big … cities. These stand simultaneously as suppliers of innovation capacity for small companies and for those companies where I …
Persistent link: https://www.econbiz.de/10010674808
paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …
Persistent link: https://www.econbiz.de/10008784763
This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. When examining entrepreneurial ventures of ex-employees of firms with different R&D strategies, three things emerge: First, firms with persistent R&D investments...
Persistent link: https://www.econbiz.de/10011046430
on the employing firm's profits. The innovation process consists of exploration and development. Exploring an idea … exploration support rises with the firm's innovation appropriability, overall profits may decline. …
Persistent link: https://www.econbiz.de/10011190627
In the wake of the 2008 financial crisis, there has been increased focus on access to finance for small firms. Research from before the crisis suggested that it was harder for innovative firms to access finance. Yet no research has considered the differential effect of the crisis on innovative...
Persistent link: https://www.econbiz.de/10011193845
of property rights. We also examine Kirzner's assertion that dynamic competition – including Schumpeterian innovation …
Persistent link: https://www.econbiz.de/10010636226
Following a centuries-long decline in the rate of self-employment, a discontinuity in this downward trend is observed for many advanced economies starting in the 1970s and 1980s. In some countries, the rate of self-employment appears to increase. At the same time, crosssectional analysis shows a...
Persistent link: https://www.econbiz.de/10010990894