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entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature …
Persistent link: https://www.econbiz.de/10005864991
An important literature has made a fundamental link between corporate governanceand corporate strategy. According to agency theory, assigning managersstock options aligns their interests with the interests of the owners of the firm.This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005864514
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …
Persistent link: https://www.econbiz.de/10005865018
and innovation within the German economy... …
Persistent link: https://www.econbiz.de/10005865223