Showing 1 - 10 of 15
Many governments promote small businesses for the dual reasons of fostering ‘breakthrough' innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation project and on their mode of commercializing the...
Persistent link: https://www.econbiz.de/10013091094
conceptual model to illustrate and map the interdependence between evasive entrepreneurship and the regulatory response it …, yet its founders became convicted criminals because of it. Applying the evasive entrepreneurship framework to this case … improves our understanding of the relationship between policymaking and entrepreneurship in the digital age, and is a first …
Persistent link: https://www.econbiz.de/10013001797
We study the effect of taxation on entrepreneurship, taking into account both the amount of entry and the quality of …
Persistent link: https://www.econbiz.de/10013154583
What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...
Persistent link: https://www.econbiz.de/10012857479
the higher rates of entrepreneurship observed in common law countries …
Persistent link: https://www.econbiz.de/10013324246
likely to enter entrepreneurship, to become self-employed, and to switch to another employer. The effects of layers are much … stronger for business creation than for job-switching and they are stronger for entrepreneurship than for self-employment. We … showing that the probability of entrepreneurship increases with their prior rank in an organization is consistent with ability …
Persistent link: https://www.econbiz.de/10014039429
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10012826395
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for entry. Inventors who sell post-entry use entry to credibly reveal information...
Persistent link: https://www.econbiz.de/10012830529
In this paper we construct a model in which entrepreneurial innovations are sold into oligopolistic industries and where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as exacerbated development by better-informed venture-backed...
Persistent link: https://www.econbiz.de/10012719493
Persistent link: https://www.econbiz.de/10001237133