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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
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
This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output … growth. Many general framework conditions are highly favourable to business risk-taking and innovation, including macro … should be on boosting manager and worker skills that are intrinsic to all forms of innovation, by filling gaps in training …
Persistent link: https://www.econbiz.de/10011276823
investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and … entrepreneurship are on the right track, but investment in knowledge-based capital could be made a more dynamic source of growth and … jobs. While Ireland has made good progress towards building up its scientific capabilities, innovation capacity remains …
Persistent link: https://www.econbiz.de/10011276991
The US innovation system has many strengths, including world class research universities and firms that thrive in … innovation-intensive sectors. However, fissures have begun to appear, notably in the areas of human capital development, the … curtailed by budget cuts. Revitalizing the dynamism of innovation has become a priority for US policymakers. To this end, it is …
Persistent link: https://www.econbiz.de/10011277031
Entrepreneurship is an important driver of economic growth, job creation and competitiveness. However, the small and … medium-sized enterprises (SME) sector has been severely affected by the crisis, with access to bank finance being … alternatives to bank lending options for SME finance is important but will take time. Restructuring banks’ balance sheets is …
Persistent link: https://www.econbiz.de/10011277034
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
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 …
Persistent link: https://www.econbiz.de/10011257678
The ability of companies to turn an environmental constraint into a source of strategic opportunities is a controversial topic in published research. The article, which is based on a comparative study of the CO2 emission reduction strategies implemented by the cement and chemical industries,...
Persistent link: https://www.econbiz.de/10010877636
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 …
Persistent link: https://www.econbiz.de/10010877748