Narrow search
Showing 1 - 6 of 6
Cover Image
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
Cover Image
Acquisition for sleep
Norbäck, Pehr-Johan; Olofsson, Charlotta; Persson, Lars - 2020
Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be...
Persistent link: https://www.econbiz.de/10012162423
Cover Image
Endogenous product versus process innovation and a firm's propensity to export
Becker, Sascha O. (contributor); Egger, Peter (contributor) - 2007
Persistent link: https://www.econbiz.de/10003495613
Cover Image
Innovation, trade, and finance
Egger, Peter; Keuschnigg, Christian - 2011
may be positive or negative, depending on foreign countries' trade position. -- innovation ; financial development ; R …
Persistent link: https://www.econbiz.de/10009240877
Cover Image
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 … are shown to be solved by verification through entry for sale. -- acquisitions ; entrepreneurship ; innovation ; start …
Persistent link: https://www.econbiz.de/10009691699
Cover Image
Entrepreneurial innovations and taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - 2011
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … provisions. This points to a basic trade-off between the goals of raising competition in technology-intensive markets and the … desire of governments to foster risky 'breakthrough' innovations. -- business taxation ; innovation ; market entry …
Persistent link: https://www.econbiz.de/10009130215