Showing 1 - 10 of 77
The relationship between innovation and firm survival is analyzed for the population of German laser source producers from the beginning of the industry until 2005. Innovation effort is approximated by the generation of high quality patents in laser sources technology (IPC H01S) and by having...
Persistent link: https://www.econbiz.de/10009654263
Previous research on entrepreneurial teams has failed to settle the controversy over whether team heterogeneity helps or hinders new venture performance. Reconciling this inconsistency, this paper suggests a new conceptual approach to disentangle differential effects of team heterogeneity by...
Persistent link: https://www.econbiz.de/10008475665
This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182 …) and new venture teams (n=274) from a random sample of start-ups in innovative industries and test social capital use and … degree of use of social capital. However, there are differences in the determinants of social capital use in both groups. We …
Persistent link: https://www.econbiz.de/10008489510
This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...
Persistent link: https://www.econbiz.de/10005090511
Innovative start-ups are an important driver of economic growth. This article presents empirical evidence on the effects of R&D on new product development, inter-firm alliances and employment growth during the early life course of firms. We use a dataset that contains a sample of new firms that...
Persistent link: https://www.econbiz.de/10005090550
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project's feasibility. Our...
Persistent link: https://www.econbiz.de/10005090597
The capital structure of firms is known to be different not only due to firm characteristics but also to the sources of … capital. Therefore, there is a need to understand the supply side effects on a firm´s capital structure. A small firm …
Persistent link: https://www.econbiz.de/10005032013
This paper investigates the factors that explain the level of technical efficiency of a firm. In our empirical analysis, we use a unique sample of about 35,000 firms in 256 industries from the German Cost Structure Census over the years 1992-2004. We estimate the technical efficiency of the...
Persistent link: https://www.econbiz.de/10005835237
This paper investigates the determinants of success in the development of new drugs. In specific, it explores the factors of success in drug development programs at different stages of innovation process. We use economies of scale, scope, R&D competition and technological spillovers as...
Persistent link: https://www.econbiz.de/10008511329
This paper aims to investigate the effect of knowledge characteristics on the total factor productivity of firms developing drugs in the pharmaceutical industry. We decompose knowledge into knowledge associated with the technological firm portfolio and knowledge related to R&D projects, which...
Persistent link: https://www.econbiz.de/10008511333