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Of Academics and Creative Destruction : Startup Advantage in the Process of Innovation
Kolev, Julian; Haughey, Alexis; Murray, Fiona E. S.; … - National Bureau of Economic Research - 2022
What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private … generate predictions related to the value and impact of startup innovation. We then explore these predictions using patents …
Persistent link: https://www.econbiz.de/10013362016
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Engines of Growth : Domestic and Foreign Sources of Innovation
Eaton, Jonathan - 1995
present a multicountry model of technological innovation and diffusion which has the implication that, for a wide range of …
Persistent link: https://www.econbiz.de/10012473670
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Creative Destruction in Industries
Jovanovic, Boyan - 2006
Most industries go through a "shakeout" phase during which the number of producers in the industry declines. Industry output generally continues to rise, however, which implies a reallocation of capacity from exiting firms to incumbents and new entrants. Thus shakeouts seem to be classic...
Persistent link: https://www.econbiz.de/10012466146
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Biased Sampling of Early Users and the Direction of Startup Innovation
Cao, Ruiqing; Koning, Rembrand M.; Nanda, Ramana - National Bureau of Economic Research - 2021
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
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Immigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector
Brown, J. David - 2019
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
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Youth Drain, Entrepreneurship and Innovation
Anelli, Massimo - 2019
Migration outflows, especially of young people, may deprive an economy of entrepreneurial energy and innovative ideas. We exploit exogenous variation in emigration from Italian local labor markets to show that between 2008 and 2015 larger emigration flows reduced firm creation. The decline...
Persistent link: https://www.econbiz.de/10012480003
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Innovative Growth Accounting
Klenow, Peter J. - 2020
Recent work highlights a falling entry rate of new firms and a rising market share of large firms in the United States. To understand how these changing firm demographics have affected growth, we decompose productivity growth into the firms doing the innovating. We trace how much each firm...
Persistent link: https://www.econbiz.de/10012481972
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Star Scientists, Innovation and Regional and National Immigration
Zucker, Lynne G. - 2007
We follow the careers 1981-2004 of 5401 star scientists listed in ISI HighlyCitedSM as most highly cited by their peers. Their number in a US region or a top-25 science and technology (S&T) country significantly increases the probability of firm entry in the S&T field in which they are working....
Persistent link: https://www.econbiz.de/10012465099
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Competition, Innovation and Growth with Limited Commitment
Marimon, Ramon - 2006
We study how barriers to competition---such as restrictions to business start-up and strict enforcement of covenants or IPR---affect the investment in knowledge capital when contracts are not enforceable. These barriers lower the competition for human capital and reduce the incentive to...
Persistent link: https://www.econbiz.de/10012466190
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The Effects of Entry on Incumbent Innovation and Productivity
Aghion, Philippe - 2006
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