Showing 1 - 8 of 8
We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...
Persistent link: https://www.econbiz.de/10013414730
Breakthroughs and backlashes have marked progress in the development and diffusion of Artificial Intelligence (AI). These shocks make the investment in developing an Artificial General Intelligence (AGI) subject to considerable uncertainty. This paper applies a real options model, extended to...
Persistent link: https://www.econbiz.de/10012880024
Financing constraints have been discussed as a major obstacle to innovation. Small and medium-sized enterprises and … sense and as instruments for financing innovation. It also discusses implications of these developments for public policy …
Persistent link: https://www.econbiz.de/10008493109
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
whether extreme events can positively impact (some) entrepreneurship and innovation. Based on this, we propose a partial …
Persistent link: https://www.econbiz.de/10012306348
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
Financing constraints have been discussed as a major obstacle to innovation. Small and mediumsized enterprises and … sense and as instruments for financing innovation. It also discusses implications of these developments for public policy …
Persistent link: https://www.econbiz.de/10010273396
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain … attractive for private entrepreneurs. -- radical innovation ; innovation ; entrepreneurship ; investment ; R&D ; risk ; real …
Persistent link: https://www.econbiz.de/10009729702