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We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
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This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data …, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these …
Persistent link: https://www.econbiz.de/10012458300
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Governments are important financiers of private sector innovation. While these public funds can ease capital … for innovation programs strengthened the relationship between firms' historical innovative efficiency and subsequent … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …
Persistent link: https://www.econbiz.de/10012480749
Venture capital is associated with some of the most high-growth and influential firms in the world. Academics and practitioners have effectively articulated the strengths of the venture model. At the same time, venture capital financing also has real limitations in its ability to advance...
Persistent link: https://www.econbiz.de/10012481347
Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic …
Persistent link: https://www.econbiz.de/10012481616
questions about the pro-cyclicality of VC and its implications for innovation, especially in light of the common narrative that … VC is relatively insulated from public markets. We find that the implications for innovation are not benign: innovation … discussion on the nature of innovation across business cycles …
Persistent link: https://www.econbiz.de/10012481733
Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs …
Persistent link: https://www.econbiz.de/10012482371
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10012463325