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R&D strategies and entrepreneurial spawning

Andersson, Martin; Baltzopoulos, Apostolos; Lööf, Hans - In: Research Policy 41 (2012) 1, pp. 54-68

This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. When examining entrepreneurial ventures of ex-employees of firms with different R&D strategies, three things emerge: First, firms with persistent R&D investments...

Persistent link: https://www.econbiz.de/10011046430

Access to finance for innovative SMEs since the financial crisis

Lee, Neil; Sameen, Hiba; Cowling, Marc - In: Research Policy 44 (2015) 2, pp. 370-380

In the wake of the 2008 financial crisis, there has been increased focus on access to finance for small firms. Research from before the crisis suggested that it was harder for innovative firms to access finance. Yet no research has considered the differential effect of the crisis on innovative...

Persistent link: https://www.econbiz.de/10011193845

Mobilizing for change: A study of research units in emerging scientific fields

Clausen, Tommy; Fagerberg, Jan; Gulbrandsen, Magnus - In: Research Policy 41 (2012) 7, pp. 1249-1261

training. Little is known, however, about such units, at least in the fields under study here, i.e., studies of innovation …

Persistent link: https://www.econbiz.de/10010869341

Financial signaling by innovative nascent ventures: The relevance of patents and prototypes

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - In: Research Policy 41 (2012) 8, pp. 1407-1421

External finance is a central issue for innovative nascent ventures. In this study, we argue that innovative nascent ventures may use patents to signal appropriability and prototypes to signal feasibility to potential investors. Using new data on 906 nascent ventures, we find that nascent...

Persistent link: https://www.econbiz.de/10011046471

A theoretical analysis of the role of social networks in entrepreneurship

Leyden, Dennis P.; Link, Albert N.; Siegel, Donald S. - In: Research Policy 43 (2014) 7, pp. 1157-1163

Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … importance of social networks in promoting innovation and reducing uncertainty. Our findings suggest that this “social” aspect of …

Persistent link: https://www.econbiz.de/10011046477

Coming back home after the sun rises: Returnee entrepreneurs and growth of high tech industries

Kenney, Martin; Breznitz, Dan; Murphree, Michael - In: Research Policy 42 (2013) 2, pp. 391-407

Recently, the role of returnees in the economic development of various East Asian nations has received much attention. The early literature on the relocation of the most highly trained individuals from a developing nation to a developed nation viewed the phenomena as a “brain drain.” Since...

Persistent link: https://www.econbiz.de/10011046483

The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms

Criscuolo, Paola; Nicolaou, Nicos; Salter, Ammon - In: Research Policy 41 (2012) 2, pp. 319-333

established firms in their innovation activities. We find that in services, being a start-up increases the likelihood of product … innovations. However, in manufacturing, we find no significant differences in the likelihood of product innovation between start …-ups and established firms. When examining the returns to innovation, we find that start-ups have a significant advantage both …

Persistent link: https://www.econbiz.de/10010869327