more important when there is an increase in network effects. A consequence is higher innovation incentives under an …Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory … of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …

We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden …

Incentive effects of performance-based compensation schemes for management may be weakened or biased by macroeconomic …

entry, performance, and survival. Using propensity score matching, we compare three Swedish cohorts from Junior Achievement …

We analyse network competition in a market with international calls. National regulatory agencies (NRAs) have …. International network ownership and deregulation are alternatives to combat the incentives of NRAs to distort termination rates. We …