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present a multicountry model of technological innovation and diffusion which has the implication that, for a wide range of …
Persistent link: https://www.econbiz.de/10013237260
Most industries go through a quot;shakeoutquot; phase during which the number of producers in the industry declines. Industry output generally continues to rise, however, which implies a reallocation of capacity from exiting firms to incumbents and new entrants. Thus shakeouts seem to be classic...
Persistent link: https://www.econbiz.de/10012760646
This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh Dole Act gives universities the right to own inventions from publicly funded research,...
Persistent link: https://www.econbiz.de/10013066279
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10013068289
concerned with the supply of human capital to entrepreneurship and innovation …
Persistent link: https://www.econbiz.de/10012964403
Migration outflows, especially of young people, may deprive an economy of entrepreneurial energy and innovative ideas. We exploit exogenous variation in emigration from Italian local labor markets to show that between 2008 and 2015 larger emigration flows reduced firm creation. The decline...
Persistent link: https://www.econbiz.de/10012839784
quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012960171
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
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for … home country remains unclear. We know very little about return migration of workers engaged in innovation and …
Persistent link: https://www.econbiz.de/10013063124
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 …
Persistent link: https://www.econbiz.de/10013063998