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Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011

We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...

Persistent link: https://www.econbiz.de/10008865973

Innovation in Cities: Science-Based Diversity, Specialization and Localized Competition

Audretsch, David B; Feldman, Maryann P - C.E.P.R. Discussion Papers - 1998

Whether diversity or specialization of economic activity better promotes technological change and subsequent economic growth has been the subject of a heated debate in the economics literature. The purpose of this paper is to consider the effect of the composition of economic activity on...

Persistent link: https://www.econbiz.de/10005662217

Agglomeration and the Location of Innovative Activity

Audretsch, David B - C.E.P.R. Discussion Papers - 1998

Only a few years ago the conventional wisdom predicted that globalization would render the demise of the region as a meaningful unit of economic analysis. Yet the obsession of policy-makers around the globe to 'create the next Silicon Valley' reveals the increased importance of geographic...

Persistent link: https://www.econbiz.de/10005661735

Do inventors talk to strangers? On proximity and collaborative knowledge creation

Crescenzi, Riccardo; Nathan, Max; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2013

inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper … show that physical proximity is an important influence on collaboration, but is mediated by organisational and ethnic …

Persistent link: https://www.econbiz.de/10011084309

Learning for Employment, Innovating for Growth

Falkinger, Josef; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning … study the impact of changes in the education of workers and the incentives to innovate. Lower profits imply lower growth … redistribution. Subsidization of education increases employment and growth. Redistribution through the tax and benefit system or …

Persistent link: https://www.econbiz.de/10005114510

The role of networks in small and medium-sized enterprise innovation and firm performance

Gronum, Sarel; Verreynne, Martie-Louise; Kastelle, Tim - In: Journal of small business management : JSBM ; a joint … 50 (2012) 2, pp. 257-282

Persistent link: https://www.econbiz.de/10009545299

Strong ties as sources of new knowledge : how small firms innovate through bridging capabilities

Lowik, Sandor; Rossum, Daan van; Kraaijenbrink, Jeroen; … - In: Journal of small business management : JSBM ; a joint … 50 (2012) 2, pp. 239-256

Persistent link: https://www.econbiz.de/10009545301

Coordination modes established by the hub firm of an innovation network : the case of an SME bearer

Gardet, Elodie; Fraiha, Shady - In: Journal of small business management : JSBM ; a joint … 50 (2012) 2, pp. 216-238

Persistent link: https://www.econbiz.de/10009545302

Seizing opportunities : the moderating role of managerial characteristics on the relationship between opportunity-seeking and innovation efficacy in small businesses

Cooper, Danielle; Peake, Whitney O.; Watson, Warren - In: Journal of small business management : JSBM ; a joint … 54 (2016) 4, pp. 1038-1058

Persistent link: https://www.econbiz.de/10011602797

Asymmetric Information, Agency Costs and Innovative Entry

Audretsch, David B - C.E.P.R. Discussion Papers - 1994

The decision of how best to appropriate the value of new economic knowledge is reached by individuals within the context of the decision-making process embedded in the principal-agent model and applied to organizations. Because new economic knowledge is not only imperfect but also inherently...

Persistent link: https://www.econbiz.de/10005791501