Showing 91 - 100 of 222
innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an … innovation bloc of this kind, a system of innovation that evolves and within which activity takes place through time. The … innovation bloc consists of five pools of economic skills from which people are drawn or recruited to form part of a …
Persistent link: https://www.econbiz.de/10011868369
The surplus that is created in a successful entrepreneurial venture is much higher than the profit corresponding to the risk-adjusted market rate of return. The part of the surplus that exceeds this level may be denoted "entrepreneurial rent." Such rents normally disappear in the long run but...
Persistent link: https://www.econbiz.de/10011489999
Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...
Persistent link: https://www.econbiz.de/10011444478
strong performance in technological innovation. …
Persistent link: https://www.econbiz.de/10010437056
effect of recombinant innovation of the two technologies. A mechanism of endogenous competition is described involving a … positive externality of increasing returns to investment which are counterbalanced by recombinant innovation. We determine … innovation. …
Persistent link: https://www.econbiz.de/10011382078
We present a theoretical framework which allows for the comparison of the effectiveness of tax measures, loans and funding, in supporting industry-oriented research. We estimate for each of the instruments the exact contribution required by a firm to decide on investing in R&D, given the costs...
Persistent link: https://www.econbiz.de/10011383025
framework and a test on innovation data from several European cities. This framework is mainly built on the product life …
Persistent link: https://www.econbiz.de/10010337320
Persistent link: https://www.econbiz.de/10001589194
Persistent link: https://www.econbiz.de/10001412132
-seeking governments. -- Entrepreneurship ; Regulation ; Innovation ; Market Integration ; Lobbying …
Persistent link: https://www.econbiz.de/10003872569