Showing 1 - 10 of 381
' high value to acquirers prior to exiting. This increases the VC-backed companies' patenting intensity and long … clauses would reduce such excessive, signaling-driven investment and patenting intensity. …
Persistent link: https://www.econbiz.de/10009643508
innovation to the financiers through patenting and prototyping activities, right in the early stages of the venture. We build a … angels and venture capitalists. Our results suggest that patenting and prototyping increase the likelihood of obtaining …
Persistent link: https://www.econbiz.de/10005656288
patenting in complex and discrete technologies. The model captures how competition for patent portfolios and complementarity of … patents affect patenting incentives. We show that lower technological opportunities increase patenting incentives in complex … technologies while they decrease incentives in discrete technologies. Also, more competitors increase patenting incentives in …
Persistent link: https://www.econbiz.de/10005123536
This Paper develops a dynamic general equilibrium model of North-South trade with scale-invariant growth. Northern firms devote resources to innovative R&D to discover higher quality products and Southern firms devote resources to imitative R&D to copy state-of-the-art quality Northern products....
Persistent link: https://www.econbiz.de/10005656156
This paper develops a dynamic general equilibrium model of North-South trade and economic growth. Both innovation and imitation rates are endogenously determined as well as the degree of wage inequality between Northern and Southern workers. Northern firms devote resources to innovative R&D to...
Persistent link: https://www.econbiz.de/10005114418
In this paper we quantify the effects of the Small Scale Reservation Laws in India on the aggregate productivity, aggregate output and welfare of the Indian economy. To this end, we extend the span-of-control model by Lucas (1978) into a multi-sector setting and embed it into the neo-classical...
Persistent link: https://www.econbiz.de/10008854474
Many technologies used by the LDCs are developed in the OECD economies and are designed to make optimal use of the skills of these richer countries' workforces. Differences in the supply of skills create a mismatch between the requirements of these technologies and the skills of LDC workers, and...
Persistent link: https://www.econbiz.de/10005114308
they are anticipated. Our empirical results and interviews with VCs suggest that the process of patenting generates signals …
Persistent link: https://www.econbiz.de/10005662179
We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self-employment, but also employment in partly self-owned limited...
Persistent link: https://www.econbiz.de/10005079007
If entrepreneurs are liquidity constrained and cannot borrow to operate on an efficient scale, those with more personal wealth should do better than those with less wealth. We investigate this hypothesis using a unique datset from Norway. Consistent with liquidity constraints being present, we...
Persistent link: https://www.econbiz.de/10005791690