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This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. By 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/10008552418
This paper introduces a model where new products are introduced by entrepreneurs or innovating firms in a quasi-temporal setting. Market conditions are characterized by monopolistic competition between varieties belonging to the same product group, where varieties can become obsolete over time...
Persistent link: https://www.econbiz.de/10005644959
influence on each other. We regard creativity as one of the sources of entrepreneurship and innovation (although creativity also … and values being distributed in them, social capital can promote entrepreneurship and innovation and thus economic growth …, but social capital can have an inhibiting effect on entrepreneurship and innovation. Social capital can contribute to …
Persistent link: https://www.econbiz.de/10010818716
There is consistent evidence in the literature that average employee age is negatively related to firm-level innovativeness. This observation has been explained by older employees working with outdated technological knowledge and being characterized by reduced cognitive flexibility. We argue...
Persistent link: https://www.econbiz.de/10010722784