sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward …

growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …

The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …

the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …

This paper revisits the licensing of a non–drastic process innovation by an outside innovator to a Cournot oligopoly …