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Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2009

What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...

Persistent link: https://www.econbiz.de/10004963484

Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2010

What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....

Persistent link: https://www.econbiz.de/10008530366

Acquisitions, Entry and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - Institutet för Näringslivsforskning (IFN) - 2011

Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by the incumbents' desire to prevent rivals from acquiring...

Persistent link: https://www.econbiz.de/10008919575

Price Squeezes in a Regulatory Environment

Bouckaert, Jan; Verboven, Frank - C.E.P.R. Discussion Papers - 2003

practitioners and economists, taking the existing regulatory environment as fixed. Based on the degree of existing regulation (full …

Persistent link: https://www.econbiz.de/10005497999

Unbundling the incumbent: Evidence from UK broadband

Nardotto, Mattia; Valletti, Tommaso; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

network available to other companies (local loop unbundling, or LLU). Entrants are then able to upgrade their individual lines … that over the course of time, many entrants have begun to take advantage of LLU. However, unbundling has little or no … technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …

Persistent link: https://www.econbiz.de/10011083592

Vertical Control of a Distribution Network - An Empirical Analysis of Magazines

Ferrari, Stijn; Verboven, Frank - C.E.P.R. Discussion Papers - 2010

How does an upstream firm determine the size of its distribution network, and what is the role of vertical restraints? To address these questions we develop and estimate two models of outlet entry, starting from the basic trade-off between market expansion and fixed costs. In the coordinated...

Persistent link: https://www.econbiz.de/10008468630

Market Definition with Differentiated Products - Lessons from the Car Market

Brenkers, Randy; Verboven, Frank - C.E.P.R. Discussion Papers - 2005

background of the new block exemption regulation for cars in Europe, we explore an econometric approach to define the relevant … market share thresholds stipulated in the block exemption regulation. We find that, if we would have used an approach based …

Persistent link: https://www.econbiz.de/10005136670

Exclusive dealing as a barrier to entry? Evidence from automobiles

Nurski, Laura; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

Exclusive dealing contracts between manufacturers and retailers force new entrants to set up their own costly dealer networks to enter the market. We ask whether such contracts may act as an entry barrier, and provide an empirical analysis of the European car market. We first estimate a demand...

Persistent link: https://www.econbiz.de/10011083855

Acquisitions, Entry, and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim Ingemar - C.E.P.R. Discussion Papers - 2013

In industries with network effects, incumbents’ installed bases create barriers to entry that discourage entrepreneurs from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the option of selling to an incumbent increases innovation...

Persistent link: https://www.econbiz.de/10011083667

Asymmetric Effects of Corruption on FDI: Evidence from Swedish Multinational Firms

Hakkala, Katariina; Norbäck, Pehr-Johan; Svaleryd, Helena - Institutet för Näringslivsforskning (IFN) - 2005

We examine the effect of corruption on foreign direct investments. Our model shows that corruption may have different effects on investments aimed at selling to a local market, in comparison to investments aimed at selling from the corrupt market. Using Swedish firm-level data, we find that...

Persistent link: https://www.econbiz.de/10005645332