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attaining the lower winning probability is the one choosing the rule giving higher incentives to the members. -- collective …
Persistent link: https://www.econbiz.de/10008697815
-sharing selective incentives. …
Persistent link: https://www.econbiz.de/10010361507
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possibility of the opposite. -- Net neutrality ; investment (innovation) incentives ; queuing theory ; hold-up problem ; two …This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers … trade of the first-priority. Concerning the ISP’s investment incentives, we find that capacity expansion affects the sale …
Persistent link: https://www.econbiz.de/10003749685
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This paper proposes and analyses a model of start-up investment. Innovative entrepreneurs are commercially …
Persistent link: https://www.econbiz.de/10011514147
A model of start-up finance with double moral hazard is proposed. Entrepreneurs have ideas but lack own resources as well as commercial experience. Venture capitalists provide start-up finance and managerial support. Both types of agents thus jointly contribute to the firm s success, but neither...
Persistent link: https://www.econbiz.de/10011410298
The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists not only finance but also advise start-up entrepreneurs and thereby add value to new firms. The paper demonstrates how a productive and active VC industry boosts innovation...
Persistent link: https://www.econbiz.de/10011409024
Start-up entrepreneurs are often commercially inexperienced. In giving managerial advice, venture capitalists can importantly enhance the success of innovative but highly risky ventures. The supply of experienced venture capitalists is not easily increased, however. When the rate of business...
Persistent link: https://www.econbiz.de/10011398098
investment, and output subsidies at the production stage. While these measures stimulate entrepreneurship, only cost …
Persistent link: https://www.econbiz.de/10011398877