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Competition and innovation in automobile markets
Ghosal, Vivek; Ni, Jiayao - 2015
Using data from the US automobile market, we empirically examine the link between competition and innovation …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …
Persistent link: https://www.econbiz.de/10011342391
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The impact of entry regulation on total welfare : a policy experiment
Liu, An-Hsiang; Siebert, Ralph; Zulehner, Christine - 2013
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
Persistent link: https://www.econbiz.de/10009764443
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How antitrust enforcement can spur innovation : bell labs and the 1956 consent decree
Watzinger, Martin; Fackler, Thomas; Nagler, Markus; … - 2017
harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …
Persistent link: https://www.econbiz.de/10011610914
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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
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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
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How do judgmental overconfidence and overoptimism shape innovative activity?
Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013
. -- innovation ; entrepreneurship ; overconfidence ; experiment … that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …
Persistent link: https://www.econbiz.de/10009691669
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Should continued family firms face lower taxes than other estates?
Grossmann, Volker (contributor); Strulik, Holger (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641763
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Unemployment in Germany : reasons and remedies
Berthold, Norbert; Fehn, Rainer - 2003
. Barriers to entrepreneurship, to setting up new firms and to innovations which are prevalent on goods and capital markets also …
Persistent link: https://www.econbiz.de/10011506205
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Cross-ownership, R&D spillovers, and antitrust policy
López, Angel L.; Vives, Xavier - 2016
demand and of the innovation function, and with the extent of spillover effects. In terms of consumer surplus standard, the …
Persistent link: https://www.econbiz.de/10011482905
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Immigration and entrepreneurship
Fairlie, Robert W.; Lofstrom, Magnus - 2015
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …
Persistent link: https://www.econbiz.de/10010506325