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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
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …
Persistent link: https://www.econbiz.de/10012480697
decision itself. This paper discusses the likely impact of these patents on innovation. It first reviews the facts about … system and innovation. It concludes by finding some consensus in the literature about the problems associated with this …
Persistent link: https://www.econbiz.de/10012468981
-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship …, ranging from self-employment to small and medium size enterprises to technology- and innovation-driven startups, recent …
Persistent link: https://www.econbiz.de/10012599280
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10012479519
Interest in the role of entrepreneurial entry in innovation raises the question of the extent to which tax policy … entry, the progressivity of the tax also discourages entrepreneurship, and significantly so for some groups of households … innovative entrepreneurs confounds interpreting this specification. Using education as a measure of potential for innovation, we …
Persistent link: https://www.econbiz.de/10012468142
We study the shifts in U.S. firms' workforce composition and organization associated with the use of AI technologies. To do so, we leverage a unique combination of worker resume and job postings datasets to measure firm-level AI investments and workforce composition variables, such as...
Persistent link: https://www.econbiz.de/10014322713
-based innovation system. We develop an analytical model where startups are more efficient at solving technical challenges and …
Persistent link: https://www.econbiz.de/10012814429
A central premise of research in the strategic management of innovation is that start-ups are able to leverage emerging … imitation. Our findings suggest that staged exploration may stall innovation as a result of the replacement effect, increasing …
Persistent link: https://www.econbiz.de/10012481344
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10012462146