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We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …
Persistent link: https://www.econbiz.de/10008865973
measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment …
Persistent link: https://www.econbiz.de/10005136420
that venture capital investments stimulate innovation ('VC-first hypothesis'). This interpretation is, however, one …-sided because there may be a reverse causality that innovations induce venture capital investments ('innovation-first hypothesis … causality issue of venture capital investments and innovation in the US manufacturing industry using both total factor …
Persistent link: https://www.econbiz.de/10005666846
In the classical literature of innovation-based endogenous growth, the main engine of long run economic growth is firm …
Persistent link: https://www.econbiz.de/10010822888
This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent career...
Persistent link: https://www.econbiz.de/10005666782
Contents: 1. Introduction: Rigour and relevance in European entrepreneurship research / Eddy Laveren, Robert Blackburn, Ulla Hytti and Hans Landström -- Part I: Rigour and relevance of entrepreneurship research -- 2. Relevance of entrepreneurship research / Johan Wiklund -- 3. The rigour -...
Persistent link: https://www.econbiz.de/10012294454
Persistent link: https://www.econbiz.de/10012133227
Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...
Persistent link: https://www.econbiz.de/10008468510
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
We study how complementarities and intellectual property rights affect the management of knowledge workers. The main results relay when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We argue that firms...
Persistent link: https://www.econbiz.de/10005497759