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Dynastic entrepreneurship, entry, and non-compete enforcement

Rauch, James E. - 2015

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …

Persistent link: https://www.econbiz.de/10010528295

Medicare and the rise of American medical patenting : the economics of user-driven innovation

Clemens, Jeffrey; Olsen, Morten - 2021

Innovation is part idea generation and part development. We build a model of "innovating-by-doing," whereby ideas come … to practitioners. Successful innovation requires that practitioners' ideas be developed through costly effort. Our model ….S. Medicare program on medical equipment innovation. Our model’s structure allows us to infer the Medicare program's aggregate …

Persistent link: https://www.econbiz.de/10012500504

Induced innovation, inventors, and the energy transition

Dugoua, Eugenie; Gerarden, Todd D. - 2023

increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …

Persistent link: https://www.econbiz.de/10014383723

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

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

business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …

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

Does emigration drain entrepreneurs?

Anelli, Massimo; Basso, Gaetano; Ippedico, Giuseppe; … - 2020

Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...

Persistent link: https://www.econbiz.de/10012238448

Do employee spinoffs learn markets from their parents? : evidence from international trade

Muendler, Marc-Andreas; Rauch, James E. - 2018

It is well established that employee spinoffs learn their parents' technologies, but little is known about their demand-side learning. We exploit the identification in international trade data of parent markets (countries) to investigate whether exporting employee spinoffs of exporting parents...

Persistent link: https://www.econbiz.de/10011794641

Population aging and inventive activity

Irmen, Andreas; Litina, Anastasia - 2016

This research empirically establishes and theoretically motivates the hypothesis that population aging has a hump-shaped effect on inventive activity. We estimate this hump-shaped relationship in a panel of 33 OECD countries over the period 1960-2012. The increasing part of the hump captures the...

Persistent link: https://www.econbiz.de/10011447559

Institutions and technological innovation during early economic growth : evidence from the great inventors of the United States, 1790-1930 : presented at CESifo Venice Summer Insti...

Khan, B. Zorina; Sokoloff, Kenneth L. - 2004

Biographical information on a sample of renowned U.S. inventors is combined with information on the patents they received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and for democratization. The United States deliberately...

Persistent link: https://www.econbiz.de/10011451502

Tax policy and entrepreneurship in the presence of asymmetric information in capital markets

Fuest, Clemens; Huber, Bernd; Tillessen, Philipp - 2003

This paper considers the implications of asymmetric information in capital markets for entrepreneurial entry and tax policy. In many countries, governments subsidize the creation of new firms. One possible justification for these subsidies is that capital markets for the financing of new firms...

Persistent link: https://www.econbiz.de/10011506206

Public economics and startup entrepreneurs

Boadway, Robin W.; Tremblay, Jean-François - 2003

This paper surveys the various forms of market failure that can arise when innovating entrepreneurs consider entering an industry, and outlines possible implications for public policy. Externalities can arise from entrepreneurial activities such as spillover benefits from new innovations and...

Persistent link: https://www.econbiz.de/10011506218

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