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The global entrepreneurship index (GEINDEX)

Ács, Zoltán J.; Szerb, László - 2009

drive innovation. …

Persistent link: https://www.econbiz.de/10010266685

Penetrating the knowledge filter in "rust-belt" economies

Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2008

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

Persistent link: https://www.econbiz.de/10010270590

Absorptive capacity and innovation: When is it better to cooperate?

Egbetokun, Abiodun A.; Savin, Ivan - 2012

Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...

Persistent link: https://www.econbiz.de/10010291823

Firms' differential innovative success and market dynamics

Cantner, Uwe - 2007

This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...

Persistent link: https://www.econbiz.de/10010263832

Demography and innovative entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10010263837

Incumbent innovation and entry by spinoff

Falck, Oliver; Heblich, Stephan - 2008

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …

Persistent link: https://www.econbiz.de/10010266671

Intellectual property rights and the knowledge spillover theory of entrepreneurship

Ács, Zoltán J.; Sanders, Mark - 2008

innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …

Persistent link: https://www.econbiz.de/10010271789

Government spending composition in a simple model of Schumpeterian growth

Wiederhold, Simon - 2009

This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …

Persistent link: https://www.econbiz.de/10010267225

Creating strategic advantage through entrepreneurial governance in new ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007

An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10010263845

Employment growth of new firms

Stam, Erik; Gibcus, Petra; Telussa, Jennifer; Garnsey, … - 2008

This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...

Persistent link: https://www.econbiz.de/10010263862