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How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?
Herz, Holger; Schunk, Daniel; Zehnder, Christian - CESifo - 2013
that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …
Persistent link: https://www.econbiz.de/10010877694
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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - CESifo - 2013
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010877893
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Acquisitions of Start-ups by Incumbent Businesses A market selection process of “high-quality” entrants?
Andersson, Martin; Xiao, Jing - Centre for Innovation, Research and Competence in the … - 2014
We analyze the frequency and nature by which new firms are acquired by established businesses. Acquisitions are often considered to reflect a technology transfer process and to also constitute one way in which a “symbiosis” between new technology-based firms (NTBFs) and established...
Persistent link: https://www.econbiz.de/10010945043
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R&D and financial systems: the determinants of R&D expenditures in the Swedish pharmaceutical industry
Malmberg, Claes - Centre for Innovation, Research and Competence in the … - 2008
This study investigates the determinants of R&D expenditures in the Swedish pharmaceutical industry from the 1960s to the mid 1990s. Various proxies for the rate of return of R&D (e.g. expected profit, sales and R&D productivity) as well as the availability of internal funding (proxied by past...
Persistent link: https://www.econbiz.de/10005077278
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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - CESifo - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual’s decision to start a business is determined by his...
Persistent link: https://www.econbiz.de/10005094224
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Multiple Paths of Development: Knowledge Bases and Institutional Characteristics of the Swedish Food Sector
Zukauskaite, Elena; Moodysson, Jerker - Centre for Innovation, Research and Competence in the … - 2013
, focusing on the relation between institutions and innovation practices and taking into account the diversity of actors …
Persistent link: https://www.econbiz.de/10010818687
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Authenticity renewal – institutions, innovation systems, and Cognac evolution (when the rules of the game don’t change)
Moodysson, Jerker; Sack, Lionel - Centre for Innovation, Research and Competence in the … - 2013
This paper draws on observations from a long-established network in France, located around the town of Cognac – site of distilled beverages with the same name. Firms within this network have been successful in developing new types of products in the past decades, drawing on and diverging from...
Persistent link: https://www.econbiz.de/10010818694
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R&D and financial systems: the determinants of R&Dexpenditures in the Swedish pharmaceutical industry
Malmberg, Claes - Centre for Innovation, Research and Competence in the … - 2008
This study investigates the determinants of R&D expenditures in the Swedish pharmaceutical industry from the 1960s to the mid 1990s. Various proxies for the rate of return of R&D (e.g. expected profit, sales and R&D productivity) as well as the availability of internal funding (proxied by past...
Persistent link: https://www.econbiz.de/10008764489
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Innovation in peripheral regions: Do collaborations compensate for a lack of local knowledge spillovers?
Grillitsch, Markus; Nilsson, Magnus - Centre for Innovation, Research and Competence in the … - 2014
It is widely accepted that firms in peripheral regions benefit to a lesser extent from local knowledge spillovers than firms located in agglomerations or industrial clusters. This paper investigates the extent to which innovative firms in peripheral regions compensate for the lack of access to...
Persistent link: https://www.econbiz.de/10011105519
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Immigration and Entrepreneurship
Fairlie, Robert W.; Lofstrom, Magnus - CESifo - 2015
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …
Persistent link: https://www.econbiz.de/10011257678