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 …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

geographically and function-ally. They promoted rapid innovation by resorting to systematic Research and Development ef- forts. And … innovation in the econ-omy. Hence, to the extent that policy makers strive to achieve the priorities of citizens, they are …

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …

Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …