Showing 1 - 10 of 553
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 …
Persistent link: https://www.econbiz.de/10013065646
locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as …
Persistent link: https://www.econbiz.de/10013070645
Managers of private entrepreneurial firms face obstacles in raising capital both in placing a value on a firm and conveying value to investors. These problems are exacerbated when the firm is small, has limited assets (except for human capital) and has yet to have a lead product. In such cases...
Persistent link: https://www.econbiz.de/10012749932
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 …
Persistent link: https://www.econbiz.de/10013034526
of innovation, our results suggest that innovation in the tech sector has been more rapid than the rate that would be … of innovation in high-tech sectors has been more rapid than indicated by official statistics, then it is perhaps even …
Persistent link: https://www.econbiz.de/10012957301
The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures, relative to their US counterparts. The negative...
Persistent link: https://www.econbiz.de/10012908155
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10012892563
the israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for …
Persistent link: https://www.econbiz.de/10013213067
Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic …
Persistent link: https://www.econbiz.de/10013312612
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012997893