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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...
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knowledge of new inventors effect the performance of regional innovation systems (RIS). The results suggest that the knowledge … considerable number of incumbent inventors discontinue. We estimate the persistence of knowledge in regional inventor networks … using alternative assumptions about knowledge transfer. Based on these estimates we analyze how the size and structure of a …
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knowledge production function relating innovation inputs and innovation outputs. In analyses on the regional level and …This paper reviews approaches used for evaluating the performance of local or regional innovation systems. This … especially when acknowledging regional innovation systems those approaches have to take into account cooperative invention and …
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How valuable are cognitive and social abilities for entrepreneurs' incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math ability,...
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