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Managers are risk averse. Excessive risk-aversion can destroy shareholder wealth. A key source of risk is the threat of an opportunistic takeover designed to take advantage of depressed market prices. This is especially the case in innovative or hard-to-value (`HtV') companies whose price may be...
Persistent link: https://www.econbiz.de/10011091215
This paper examines innovation among very small firms and provides new insights into both internal and external determinants of patenting. Applying a non-linear panel data approach to about 160,000 observations on manufacturing firms in Sweden for the period 2000–2006, the following facts...
Persistent link: https://www.econbiz.de/10010988378
entrepreneurial ventures cultivated within their walls. To date, most research has focused on academic entrepreneurship—new ventures … contribution of modern universities. We propose a framework for understanding the full scope of university entrepreneurship and its … resources required to foster entrepreneurship from within the ivory tower. Copyright Springer Science+Business Media New York …
Persistent link: https://www.econbiz.de/10010988383
(Phelps <CitationRef CitationID="CR67">2013</CitationRef>) as inspiration to discuss innovation and entrepreneurship. The book … achieved through a purposeless quest for wealth and material consumption, but rather through adventure, entrepreneurship, and … entrepreneurship are not merely the keys to economic growth, but to life satisfaction as well. This essay discusses topics in …
Persistent link: https://www.econbiz.de/10010988531
This paper analyzes how companies of immigrant entrepreneurs in knowledge-intensive industries differ from companies of native entrepreneurs with respect to start-up characteristics, company survival and innovative performance. I focus on immigrants from the “recruitment countries” of south...
Persistent link: https://www.econbiz.de/10010988587
Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … entrepreneurship increases the probability of entrepreneurial success. The results also lend credence to theories of entrepreneurship …
Persistent link: https://www.econbiz.de/10010990965
L2, L26, O3, O4. </AbstractSection> Copyright Herrmann and Kritikos; licensee Springer. 2013
Persistent link: https://www.econbiz.de/10010993731
G23; G24; J15; J61; L5; L26; M12; M13; O31; O32; R11 </AbstractSection> Copyright Nathan; licensee Springer. 2014
Persistent link: https://www.econbiz.de/10010998403
The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of … entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … outcomes. We hypothesize that a high rate of entrepreneurship facilitates the process of turning knowledge into new …
Persistent link: https://www.econbiz.de/10010849025
The purpose of this study is "investigating the effects of entrepreneurship and sustainable competitive advantage by … entrepreneurship of competitive advantage has a significant relationship in Isfahan Province appliances companies. …
Persistent link: https://www.econbiz.de/10010850313