Showing 1 - 10 of 104
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 entrepreneurship increases the probability of...
Persistent link: https://www.econbiz.de/10011046477
Innovating firms are likely to face several challenges and experience different types of barriers. In this paper we argue that it is necessary to distinguish between two kinds of barriers to innovation. The first corresponds to what we describe as revealed barriers and reflects the degree of...
Persistent link: https://www.econbiz.de/10010869313
This paper empirically investigates whether corporate governance practices implemented to align shareholders’ and managers’ interests affect the resources firms devote to R&D. Two databases – one on governance ratings and one on R&D investment – are merged to obtain a multi-country,...
Persistent link: https://www.econbiz.de/10011193851
while no commercial production occurred. Since the literature emphasizes cost reductions through increases in cumulative … production, this paper explores cost and performance improvements from a new perspective. The results demonstrate that learning … in these pre-commercial production cases arises through mechanisms utilized in deliberate R&D efforts. We identity three …
Persistent link: https://www.econbiz.de/10011208744
This paper presents a quality index for patent systems. The index is composed of nine operational design components that shape the transparency and stringency of patent systems and affect the extent to which they comply with patentability conditions. Seven components are related to rules and...
Persistent link: https://www.econbiz.de/10011046428
returns by technology and cumulative patent value. While the returns earned by most patents dissipate rapidly, high valued …
Persistent link: https://www.econbiz.de/10010906511
essential component for a firm's success. We use firm-level panel data stemming from Belgian R&D surveys and apply a production …
Persistent link: https://www.econbiz.de/10010869300
We estimate the effect of R&D spillovers on sales realized by products new to the firm (imitation) and new to the market (innovation). It turns out that spillovers from rivals lead to more imitation, while input from customers and research institutions enhance original innovation.
Persistent link: https://www.econbiz.de/10010729633
This paper uses patent citation data to analyze the quality of university technology across European regions. The …
Persistent link: https://www.econbiz.de/10011046426
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