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Membership platforms allow creators to crowdfund a monthly income, while campaigns on conventional reward crowdfunding … biggest membership platform, to gain insights about behavioral patterns at this emerging type of crowdfunding. Our analysis … a creator at any time serves as a feedback mechanism. We conclude that crowdfunding a monthly income offers the creative …
Persistent link: https://www.econbiz.de/10012389627
Being a jack-of-all-trades increases the probability of running an entrepreneurial venture successfully; but what happens to jack-of-few-trades who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10010323899
In the context of technological change, the influence of innovative entrants on incumbents is considered a major driving force. Using global patent data, we analyze this influence for the case of the transition from combustion engine vehicles towards alternative technology vehicles (ATVs)....
Persistent link: https://www.econbiz.de/10011663363
This paper reviews the empirical evidence concerning the regional emergence of innovative new businesses. It is argued that analyses using aggregate data that focus on the regional level and do not account for career patterns of innovative founders are of limited value in guiding policy that is...
Persistent link: https://www.econbiz.de/10011985510
What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an overview of theory and empirical research on the...
Persistent link: https://www.econbiz.de/10010263861
We conjecture that the mobility of academic scientists increases the propensity of such agents to engage in academic entrepreneurship. Our empirical analysis is based on a survey of researchers at the Max Planck Society in Germany. We find that mobile scientists are more likely to become nascent...
Persistent link: https://www.econbiz.de/10010266688
In this study we investigate the factors that shape the attitudes of scientists toward starting their own business or working in a private sector firm. The analysis is based on data collected from scientists working in the German Max Planck Society, a research institution devoted to basic...
Persistent link: https://www.econbiz.de/10010267108
This survey reviews the theoretical literature on high impact entrepreneurship. The survey is guided in part by the recent classification changes at the Journal of Economic Literature (JEL) regarding entrepreneurship. The board voted to create a new classification code, L26, for...
Persistent link: https://www.econbiz.de/10010271790
This study explores the impact of social capital on innovation by constructing a more general measure of social capital indicator consisting of generalized and institutional trust, associational activities and civic norms. We test the hypothesis that social capital has a positive impact on...
Persistent link: https://www.econbiz.de/10010271793
Popular theories claim that innovation activities should be located in large cities because of more favorable environmental conditions that are absent in smaller cities or remote and rural areas. Germany provides a clear counterexample to such theories. We argue that a main force behind the...
Persistent link: https://www.econbiz.de/10012389631