A central premise of research in the strategic management of innovation is that start-ups are able to leverage emerging …

performance of incumbent Information and Communication Technologies (ICT) firms compared to startups. We find that diversifying … entrants perform better relative to startups. Contrary to earlier studies, we find that spin-offs do not perform any better … than other startups. Moreover, firms founded by serious hobbyists and tinkerers, whom we call hackers, perform markedly …

. We calibrate the model to firm-level data from the U.S. and India. We show that the model is quantitatively consistent … quantitative analysis shows that the low efficiency of delegation in India can account for 5% of productivity and 15% of income … differences between the U.S. and India in steady state. We also show that such inefficient delegation possibilities reduce the …

soliciting the current client in the event of termination of employment. The socially optimal level of entrepreneurship will … are too restrictive and produce too little entrepreneurship, and governments can increase welfare by limiting enforcement …

.4 million and the possibility of payoffs over $1 billion. We conclude that startups attract entrepreneurs with lower risk … aversion, higher initial assets, preferences for entrepreneurship over employment, and optimistic beliefs about the payoffs …

-up firm rather than an established firm. The model predicts that university inventions are more likely to occur in start-ups …. Licensing is more likely in general, and especially so in start-ups, by universities with higher quality engineering faculty and … older TTOs. Start-ups are more likely by universities in states with larger levels of venture capital. TTO size has no …

an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …