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Akcigit, Ufuk - 2019

reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

Persistent link: https://www.econbiz.de/10012861411

A Welfare Analysis on Start-Up Decisions Under Default Risk

Comincioli, Nicola; Panteghini, Paolo M.; Vergalli, Sergio - 2021

This short article studies the tax effects on a start-up investment decision under uncertainty. Since the representative firm can decide both when to invest and how much to borrow, the distortive effects are twofold. We thus show that the deadweight loss (namely, the ratio between the welfare...

Persistent link: https://www.econbiz.de/10013310768

Creative destruction and productive preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

Persistent link: https://www.econbiz.de/10010291511

Quadratic Costs, Innovation and Welfare : The Role of Technology

Marjit, Sugata - 2020

In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …

Persistent link: https://www.econbiz.de/10012824572

Platform Design and Innovation Incentives : Evidence from the Product Ratings System on Apple's App Store

Leyden, Benjamin T. - 2021

, innovation …

Persistent link: https://www.econbiz.de/10013224087

The Role of Human Capital in Structural Change and Growth in an Open Economy : Innovative and Absorptive Capacity Effects

Bye, Brita; Faehn, Taran - 2021

Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda for the coming decades. We study how more and better...

Persistent link: https://www.econbiz.de/10013249658

Language as a Renewable Resource : Import, Dissipation, and Absorption of Innovations

Wickström, Bengt-Arne - 2021

The structural stability of different languages subject to the import of external elements is analyzed. We focus on the temporal side of the different processes interacting to produce a change in the structure of the language. That is, the rate of import and dissipation of new elements is seen...

Persistent link: https://www.econbiz.de/10013315865

New Firms, Capital Intensity and the Labor Share : New Theoretical and Empirical Insights

Grazzini, Jakob - 2020

This paper considers a two sectors heterogeneous firms model where firms' specific production technology and capital intensity are endogenously determined through business dynamics. It shows that a shock to the relative price of investment goods is followed by the entrance of new firms...

Persistent link: https://www.econbiz.de/10012834880

Are Business Start-Ups Liquidity Constrained? Evidence from a Quasi-Experimental Allocation of Housing Wealth in East Germany

Fuchs, Tobias - 2019

Are entrepreneurs liquidity constraint? Using quasi-random housing wealth variation resulting from communist era decisions, we argue yes, as we find that wealthier East Germans are more likely to become self-employed after reunification. In the literature, no such strong relationship was found...

Persistent link: https://www.econbiz.de/10012865172

Crowdfunding Dynamics

Belleflamme, Paul - 2019

Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to informational and payoff externalities. We use novel entrepreneur-backer data to study how these externalities shape funding dynamics, within and across projects. We find that backers...

Persistent link: https://www.econbiz.de/10012861378

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