find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs …. Furthermore I present evidence suggesting that intelligence and self-confidence affect business ownership through two different … channels: intelligence increases business survival while self-confidence increases business creation. Finally, once we control …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent’s profit increase from innovation is large and the patented technology has a small advantage over the alternative …

entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project …

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