Showing 1 - 10 of 383
Business training programs are a popular policy option to try to improve the performance of enterprises around the … in the length, content, and types of firms participating in the training programs evaluated. Many evaluations suffer from … low statistical power, measure impacts only within a year of training, and experience problems with survey attrition and …
Persistent link: https://www.econbiz.de/10011083443
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market … integration leads to more pro-entrepreneurial policies. It is then more difficult to protect the profits of incumbents from … entrepreneurial entry and pro-entrepreneurial policies make foreign entrepreneurs less aggressive. Using the World Bank Doing Business …
Persistent link: https://www.econbiz.de/10008530366
R&D incentives of new entrants to a market may be shaped by the prospects of being acquired by an incumbent. In this paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage, firms compete to develop innovations of high quality. They...
Persistent link: https://www.econbiz.de/10008784763
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 incentives for entrepreneurs when network effects are strong and …
Persistent link: https://www.econbiz.de/10011083667
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10009365645
We analyze the relationship between firm-level innovation activities and firms’ propensity to start exporting for firms in a small open economy. We measure innovation by innovative effort (R&D) as well as by innovative output (product and process innovation). After carefully correcting for...
Persistent link: https://www.econbiz.de/10008468704
This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion,...
Persistent link: https://www.econbiz.de/10005123872
from the technology frontier, imitation activities are more important, and vertical integration is preferred. Closer to the …
Persistent link: https://www.econbiz.de/10005123937