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possible problems caused by the geographic distance to a portfolio firm seem to be overcome by syndication of investments with … between an investor and the investment has an increasing effeon the probability for syndication as well as on the number of …
Persistent link: https://www.econbiz.de/10008671901
In the past decades the role of profit sharing schemes (PSS) as a way to foster innovation in a principal-agent context …, and more generally of innovation in economic growth, have been widely acknowledged and studied. However, surprisingly … innovation in a pure knowledge economy: a 'patent box' incentive and a tax incentive on compensation earned by agents as PSS. A …
Persistent link: https://www.econbiz.de/10011183322
establishment data on various aspects of training practices and innovation activities in Germany, the paper examines the degree … works councils as an instrument for a firm's total training activities that correlate with innovation, and weak support when … we consider only generalized training and innovation. Finally, no significant relation is found between training …
Persistent link: https://www.econbiz.de/10010884480
drive innovation. …
Persistent link: https://www.econbiz.de/10005032006
This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...
Persistent link: https://www.econbiz.de/10005090469
-dynamics that gave rise to different patterns of innovation in the two countries. In particular, we suggest that different demand …
Persistent link: https://www.econbiz.de/10005090507
incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … entry by spinoffs does, indeed, have a positive impact on incumbent innovation. …
Persistent link: https://www.econbiz.de/10005090547
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005090571
issues will be cross classified with J23; those focusing on innovation and entrepreneurship will be cross classified with O31 … the questions this review covers the intersection of entrepreneurship with labor markets, innovation and capital markets …
Persistent link: https://www.econbiz.de/10004970272
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …
Persistent link: https://www.econbiz.de/10005090597