Showing 1 - 7 of 7
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …
Persistent link: https://www.econbiz.de/10008865973
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
This paper examines innovation among very small firms and provides new insights into both internal and external … for the period 2000–2006, the following facts emerge: (i) in contrast to larger firms, innovation in micro firms with 1 … innovation among micro firms compared to other firms, (iii) affiliation to a domestically owned multinational enterprise group …
Persistent link: https://www.econbiz.de/10010988378
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....
Persistent link: https://www.econbiz.de/10008530366
innovation activities captured by patent applications, firm characteristics, international trade and the regional milieu. …
Persistent link: https://www.econbiz.de/10004988933
Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will choose more risky projects than incumbents, aiming to reduce their high expected marginal commercialization cost. However, entrepreneurs may select too safe projects from a social...
Persistent link: https://www.econbiz.de/10010818447
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in the form of entry costs in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...
Persistent link: https://www.econbiz.de/10011065943