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University Invention, Entrepreneurship, and Start-Ups
Chukumba, Celestine - 2005
This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start …
Persistent link: https://www.econbiz.de/10012467204
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The Circulation of Ideas in Firms and Markets
Hellmann, Thomas F. - 2011
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/10012461715
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Spin-offs and the Market for Ideas
Chatterjee, Satyajit - 2007
We propose a theory of firm dynamics in which workers have ideas for new projects that can be sold in a market to existing firms or implemented in new firms: spin-offs. Workers have private information about the quality of their ideas. Because of an adverse selection problem, workers can sell...
Persistent link: https://www.econbiz.de/10012465455
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Inventive Capabilities in the Division of Innovative Labor
Arora, Ashish - 2018
knowledge is an input into internal invention, and thus, more valuable to firms with inventive capability. Using a simple model … of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …
Persistent link: https://www.econbiz.de/10012480704
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Institutions and Technological Innovation During the Early Economic Growth : Evidence from the Great Inventors of the United States, 1790-1930
Khan, B. Zorina - 2004
technology in this way both stimulated specialization at invention and further enhanced the opportunities available to …
Persistent link: https://www.econbiz.de/10012467721
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Financing Invention During the Second Industrial Revolution : Cleveland, Ohio, 1870-1920
Lamoreaux, Naomi R. - 2004
For those who think of Cleveland as a decaying rustbelt city, it may seem difficult to believe that this northern Ohio port was once a hotbed of high-tech startups, much like Silicon Valley today. During the late nineteenth and early twentieth centuries, Cleveland played a leading role in the...
Persistent link: https://www.econbiz.de/10012467764
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Inventing in the Shadow of the Patent System : Evidence from 19th-Century Patents and Prizes for Technological Innovations
Khan, B. Zorina - 2014
. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial … success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …
Persistent link: https://www.econbiz.de/10012457935
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Employee Spinoffs and Other Entrants : Stylized Facts from Brazil
Hirakawa, Oana - 2010
Using a comprehensive linked employer-employee database from Brazil for the period 1995-2001, we are able for the first time to compare firms founded as employee spinoffs to new firms without parents and to diversification ventures of existing firms entering a new industry. Employee spinoffs are...
Persistent link: https://www.econbiz.de/10012463012
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Securing Their Future? Entry And Survival In The Information Security Industry
Arora, Ashish - 2007
In this paper we study how the existence of a functioning market for technology differentially conditions the entry strategy and survival of different types of entrants, and the role of scale, marketing ability and technical assets. Markets for technology facilitate entry of firms that lack...
Persistent link: https://www.econbiz.de/10012465005
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The Decline of the Independent Inventor : A Schumpterian Story?
Lamoreaux, Naomi R. - 2005
become principals in firms bearing their names. Entrepreneurship, therefore, was by no means dead, but the increasing capital … requirements--both financial and human--for effective invention and the need for inventors to establish a reputation before they …
Persistent link: https://www.econbiz.de/10012467022