How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …

entrepreneurship rate of locals, and negative local firm multiplier effect.Institutional subscribers to the NBER working paper series …

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …

an innovation is exogenous, we focus on the endogenous choice entrepreneurs face between investing in ensuring control … entrepreneurial strategy. A subtle consequence is that the appropriability regime ultimately governing an innovation will be the …

When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …

A central premise of research in the strategic management of innovation is that start-ups are able to leverage emerging … imitation. Our findings suggest that staged exploration may stall innovation as a result of the replacement effect, increasing …

This paper explores the following hypotheses on the appropriate education for innovating entrepreneurship: a … enormously valuable for innovation and growth, but can impede heterodox thinking and imagination; c) large-firm R&D requires … are effective, we know little about training for the critical task of breakthrough innovation …

Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality … cycles as a driver of high-growth entrepreneurship, our results highlight the role of economic and institutional conditions …