Showing 1 - 10 of 48
We study the business model of venture debt firms, specialized institutions that provide loans to high-growth startups. Venture debt represents an apparent contradiction with traditional debt theory since startups have negative cash flows and lack tangible assets to secure the loan. Yet, we...
Persistent link: https://www.econbiz.de/10009353888
influence innovation activity and the financing of small businesses. Specifically it is evaluated if there are costs and … investigated. It is found that trends at a macro economic level is nowadays of major importance for the patenting and innovation … asset to an extent that may de-link it from innovation activities. The IPR-system may render distortions of innovation …
Persistent link: https://www.econbiz.de/10005273152
Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new data on capital seeking start-ups allowing distinction between planning stage and early stage. Being innovative does not affect the probability of having external finance in the...
Persistent link: https://www.econbiz.de/10005839210
in which the offshore outsourcing of a corporation goes through a sequence of stages towards sourcing for innovation … low-cost countries: the insourcer/vendor may not only offer cost advantages, but also quality improvement and innovation …
Persistent link: https://www.econbiz.de/10005839218
The emergent “learning economy” is truly global in the sense that it deeply affects the whole world. The emergence of “learning societies”, though, is a process that takes place only in some regions, the patterns followed by this highly complex social process being far from converging....
Persistent link: https://www.econbiz.de/10005839219
This paper introduces a model of knowledge sharing of lead users located in a public and unrestricted community of users. While existing literature on knowledge sharing focuses on allocation and collaboration processes inside or among companies we extend this to the community level. We then...
Persistent link: https://www.econbiz.de/10005839229
It has been demonstrated that users occasionally innovate. However, it can now be observed that even end-consumers act as a source novel product designs. A case study of a firm, and “its” consumers - from the computer games industry - illustrates how sourcing of consumer knowledge has...
Persistent link: https://www.econbiz.de/10005839234
This paper explores the impact of diversity of innovative strategies of firms upon the industrial dynamics through a micro-simulation model. We consider two types of firms each one being characterised by a specific innovative strategy. Basically we assume that some cumulative firms adopt an...
Persistent link: https://www.econbiz.de/10005839256
Evolutionary theories of technological change and industrial dynamics give primary importance to interaction between heterogeneous agents, endowed with complementary assets and competencies. Accordingly, support to co-operative R&D is central to technology policy, as a mean for increasing system...
Persistent link: https://www.econbiz.de/10005839257
on innovation output. Previous literature has stressed that investments into the heterogeneity of partners in an alliance … influence on a firms innovation output. Furthermore, maintaining diverse alliance portfolios has an inverted U-shaped influence … on a firm’s innovation output, as managerial costs and complexity levels become too high. …
Persistent link: https://www.econbiz.de/10010599042