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Competition and Innovation : Pushing Productivity Up or Down?
Brouwer, Erik; van der Wiel, H.P. - Tilburg University, Center for Economic Research - 2010
This paper examines the relationship between competition, innovation and productivity for the Netherlands. We use … innovation data from Community Innovation Survey with accounting data to link innovative activities with performance at the … through more innovation. Nonetheless, there exists an inverted U- curve between competition and innovation for the Netherlands …
Persistent link: https://www.econbiz.de/10011090737
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A Survey of Venture Capital Research
Da Rin, Marco; Hellmann, T.; Puri, M.L. - Tilburg University, Center for Economic Research - 2011
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work...
Persistent link: https://www.econbiz.de/10011091468
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Strategic Investment Under Uncertainty : Merging Real Options with Game Theory
Huisman, Kuno; Kort, Peter; Pawlina, G.; Thijssen, J.J.J. - Tilburg University, Center for Economic Research - 2003
As becomes apparent from the standard text books in industrial organization (cf.Tirole, 1988, The Theory of Industrial Organization), the analysis of the e.ects of uncertainty within this field is yet underdeveloped.This paper shows that the new theory of strategic real options can be used to...
Persistent link: https://www.econbiz.de/10011091572