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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
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
innovation process. Rather than debating their accuracy and efficiency, we adopt a pragmatic approach to business models -- we … techno-economic network of an innovation.WP abstract: Analyzes the uses and functions of business models through original …
Persistent link: https://www.econbiz.de/10008790814
Small to medium enterprises (SME) are frequently associated with high levels of innovation. However, it is difficult … future investment in innovation by SME with respect to anticipated ‘rent' or financial returns. A survey of highly innovative … for such firms to fully assess the merits of a particular innovation. This study examined the risk-return profile of …
Persistent link: https://www.econbiz.de/10008791730
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
destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …
Persistent link: https://www.econbiz.de/10010888453
The paper investigates the patterns of persistence of innovation and of the properties of firms' knowledge base (KB …
Persistent link: https://www.econbiz.de/10010933797