The recent 'scientification' of commercial technology has brought the interface between universities and industry into …

Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory … the incumbents' desire to prevent rivals from acquiring innovative entrepreneurial firms. This preemptive motive becomes … more important when there is an increase in network effects. A consequence is higher innovation incentives under an …

simultaneously provide the right incentives for individuals to create and expand firms that disseminate such innovations in the form … 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 …

It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because … such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that … studying the industry distribution of high-growth firms (HGFs) across all 4-digit NACE industries, using data covering all …

firms these optimal strategies generate product demand and labor supply schedules. Firms then choose prices and wages to … firms given individuals optimal search strategies. There are two possible equilibrium configurations, a degenerate … equilibrium in which all firms charge the same price and wage and a price and wage dispersion equilibrium. We show that there …

This paper discusses the impact of the completion of the EC internal market on the competitive position of EFTA firms … firms - as firms from small countries with small domestic markets - are considered. The conclusion is that EFTA firms are in …

evidence that openness improves the matching between workers and firms in export-oriented industries. This suggests that there …

matching between workers and firms in export-oriented industries. Changes that reduce the cost of imports have an ambiguous … hypotheses. The data cover 94 sectors subject to international competition and includes all firms with at least 20 employees. Our …