Showing 1 - 10 of 13
routinized phase where innovation takes place within top-performing incumbents; (3) a second entrepreneurial phase characterized … routinization, in which no further innovation takes place, but is instead a phase of structural change. Using data on 74 West German …
Persistent link: https://www.econbiz.de/10005124213
more important for small-firm innovation than for their larger counterparts. …
Persistent link: https://www.econbiz.de/10005497984
This Paper links the performance of new technology firms, measured in terms of growth, to geographic location. We introduce a model of firm growth that is specific to characteristics of the location as well as the firm and industry. The model is estimated using a new dataset identifying the...
Persistent link: https://www.econbiz.de/10005124462
Since the early 1980s, the role and general perception of entrepreneurship and start-up activities has changed drastically. In this paper, we investigate what determines regions’ entrepreneurial behaviour and the impact of it on regional economic performance. We argue that economic knowledge...
Persistent link: https://www.econbiz.de/10005124120
The neoclassical model of the production function, as applied by Robert Solow to build the neoclassical model of growth, linked labour and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this Paper we introduce a new factor,...
Persistent link: https://www.econbiz.de/10005504718
effect of the composition of economic activity on innovation. We test whether the specialization of economic activity within … together complementary activities, better promotes innovation. The evidence provides considerable support for the diversity …
Persistent link: https://www.econbiz.de/10005662217
the value of their potential innovation in industries characterized by a greater degree of knowledge asymmetries. Based on …
Persistent link: https://www.econbiz.de/10005791501
industry life cycle. The theory of knowledge spillovers, based on the knowledge production function for innovative activity …
Persistent link: https://www.econbiz.de/10005497876
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does …
Persistent link: https://www.econbiz.de/10005504210
innovation to the financiers through patenting and prototyping activities, right in the early stages of the venture. We build a …
Persistent link: https://www.econbiz.de/10005656288