Showing 1 - 10 of 16
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
organizations. Using binary logit regressions and unique data containing approximately 26,000 individual-level data points for 36 …
Persistent link: https://www.econbiz.de/10010731000
What kind of innovative competences are credibly developed by private entrepreneurs in China’s transition economy? On the basis of original empirical fieldwork in 45 software enterprises in Hangzhou, Zhejiang Province, we propose a working theory of innovative competence development in an...
Persistent link: https://www.econbiz.de/10010731002
Blue ocean strategy seeks to turn strategic management on its head by replacing ‘competitive advantage’ with ‘value innovation’ as the primary goal where firms must create consumer demand and exploit untapped markets. Empirical analysis has been focused on case study evidence and so...
Persistent link: https://www.econbiz.de/10010731010
Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason, profit taxes may harm innovative firms more than standard ones. This paper develops a model of heterogeneous firms where an endogenous share opts for innovation and faces credit...
Persistent link: https://www.econbiz.de/10008468605
Het traditionele beeld dat standaardisatie gezien wordt als een proces dat niet samengaat met innovatie is de laatste jaren veranderd. In zijn oratie laat prof.dr. Knut Blind zien dat vastgestelde normen wel degelijk kunnen bijdragen aan vernieuwingen. Vanuit economisch perspectief behandelt...
Persistent link: https://www.econbiz.de/10011141996
In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases innovation...
Persistent link: https://www.econbiz.de/10011083667
In an attempt at a systematic theory of entrepreneurship, this paper connects various literatures, from economics and … business. In economics, there are many notions of entrepreneurship, some of which seem to contradict each other. For example …, there are notions of entrepreneurship as an equilibrating and as a disequilibrating force. In this paper, these differences …
Persistent link: https://www.econbiz.de/10010837547
in the era of entrepreneurship, scholars have been slow to respond. This paper attempts to make a first step identifying …
Persistent link: https://www.econbiz.de/10010837693
The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of … entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … outcomes. We hypothesize that a high rate of entrepreneurship facilitates the process of turning knowledge into new …
Persistent link: https://www.econbiz.de/10010730854