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entrepreneurs' choice of riskiness (or quality) of an innovation project, and on their mode of commercializing the innovation … choose projects with inefficiently little risk. The same distortion does not arise when entrepreneurs sell their innovation …
Persistent link: https://www.econbiz.de/10011056208
entrepreneurs’ choice of riskiness (quality) of an innovation project, and on their mode of commercializing the innovation (market …
Persistent link: https://www.econbiz.de/10011083431
This paper provides an analysis of the impact of the COVID-19 crisis on SMEs and entrepreneurs, and the SME and … lessons learned for policy going forward, to assist governments build evidence-based policies to support SME recovery and …
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’s numerous innovation-related SME support schemes are uncertain. Federal and state governments are taking a positive approach to …Innovation is key to boosting Australia’s productivity and inclusiveness. This paper examines the policies that create … good conditions for innovation, not only in science and technology but also wider forms, such as business-model innovation …
Persistent link: https://www.econbiz.de/10011700375
We study different determinants of real-life R&D decisions within a net present value framework. Besides entry threat, Bertrand competition and multi-stage R&D with an abandonment option, our model includes demand uncertainty, modelled as a lottery. A lottery becomes more divergent when the...
Persistent link: https://www.econbiz.de/10011298045
This report presents new evidence on the impact of R&D tax incentives and direct funding of business R&D, drawing on distributed cross-country and firm-level analyses undertaken as part of the first phase of the OECD microBeRD project (2016-19). This “distributed” approach facilitates a...
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