Showing 1 - 10 of 1,211
When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …
Persistent link: https://www.econbiz.de/10012458899
Using data from a prominent online platform for launching new digital products, we document that the composition of the platform's 'beta testers' on the day a new product is launched has a systematic and persistent impact on the venture's success. Specifically, we use word embedding methods to...
Persistent link: https://www.econbiz.de/10012585366
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014372477
What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … and more general than innovation by incumbent firms. Moreover, startups that survive to become "scale-ups" quickly grow to … ventures in the innovation process relative to more traditional alternatives such as academia and established private …
Persistent link: https://www.econbiz.de/10013362016
We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...
Persistent link: https://www.econbiz.de/10014322847
co-working hubs in the United States. Relying on the random assignment of office space to the hub's 251 startups, we find … technology already used by a peer startup. This effect is largest for startups within close proximity of each other and quickly … decays: startups more than 20 meters apart on the same floor are indistinguishable from startups on different floors. The …
Persistent link: https://www.econbiz.de/10013334339
consumer packaged goods company. Working on real product innovation challenges, professionals were randomly assigned to work …
Persistent link: https://www.econbiz.de/10015398094
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …
Persistent link: https://www.econbiz.de/10012466642
Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports … between 1999 and 2005. On average, process innovation declines more strongly than product innovation. In addition, initially …
Persistent link: https://www.econbiz.de/10012455840
We provide evidence on the value of patents to startups by leveraging the random assignment of applications to ….S. Patent Office since 2001, we find that startups that win the patent "lottery" by drawing lenient examiners have, on average … quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012455413