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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/10010969371
This paper documents the role of angel funding for the growth, survival, and access to follow-on funding of high-growth start-up firms. We use a regression discontinuity approach to control for unobserved heterogeneity between firms that obtain funding and those that do not. This technique...
Persistent link: https://www.econbiz.de/10008628350
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment … influences the choices of entrepreneurs; entrepreneurial success influences the local economy. Yet modern urban economics has … paid relatively little attention to entrepreneurs. This essay introduces a special issue of Journal of Urban Economics …
Persistent link: https://www.econbiz.de/10008548809
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/10008919712
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
Persistent link: https://www.econbiz.de/10008624615
We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs. …
Persistent link: https://www.econbiz.de/10011071740
Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...
Persistent link: https://www.econbiz.de/10010950753
Data availability is arguably the greatest impediment to advancing the science of science and innovation policy and … Measures in Entrepreneurship Technology and Science) database spanning all sciences, technologies, and high-tech industries … very flexible sources of data for serious research on many issues in the study of organizations in innovation systems in …
Persistent link: https://www.econbiz.de/10009294555
to fostering innovation. …
Persistent link: https://www.econbiz.de/10010969384
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/10010951404