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The global entrepreneurship index (GEINDEX)

Ács, Zoltán J.; Szerb, László - 2009

drive innovation. …

Persistent link: https://www.econbiz.de/10010266685

Penetrating the knowledge filter in "rust-belt" economies

Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2008

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

Persistent link: https://www.econbiz.de/10010270590

Demography and innovative entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10010263837

Incumbent innovation and entry by spinoff

Falck, Oliver; Heblich, Stephan - 2008

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …

Persistent link: https://www.econbiz.de/10010266671

Synergizing ventures

Akcigit, Ufuk; Dinlersoz, Emin Murat; Greenwood, Jeremy; … - 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/10012104061

Creating strategic advantage through entrepreneurial governance in new ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007

An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10010263845

Employment growth of new firms

Stam, Erik; Gibcus, Petra; Telussa, Jennifer; Garnsey, … - 2008

This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...

Persistent link: https://www.econbiz.de/10010263862

Why entrepreneurs choose risky R&D projects : but still not risky enough

Färnstrand Damsgaard, Erika; Hjertstrand, Per; … - 2016

This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have incentives to choose projects with higher risk and a higher potential in order to reduce expected commercialization costs. However, entrepreneurs may still select too safe projects from...

Persistent link: https://www.econbiz.de/10011549385

Public policy and venture capital backed innovation

Keuschnigg, Christian - 2003

gains taxation, innovation subsidies, public R&D spending and other policy initiatives. …

Persistent link: https://www.econbiz.de/10011511054

Venture capital backed growth

Keuschnigg, Christian - 2002

The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …

Persistent link: https://www.econbiz.de/10011409024