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Entrepreneurship and Innovation: Public Policy Frameworks

Audretsch, David B.; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2011

The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the … thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how … innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship …

Persistent link: https://www.econbiz.de/10009366248

Regional Appropriation of University-Based Knowledge and Technology for Economic Development

Audretsch, David B.; Leyden, Dennis Patrick; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2012

Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of …

Persistent link: https://www.econbiz.de/10009650262

Valuing an Entrepreneurial Enterprise

Audretsch, David B.; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2011

This paper focuses on valuation issues and methods that are related to a closely-held entrepreneurial enterprise. This focus is motivated by the fact that the number of small closely held business start-ups, which we refer to broadly by the term entrepreneurial enterprises, continues to grow...

Persistent link: https://www.econbiz.de/10009366249

Universities as Research Partners in Publicly Supported Entrepreneurial Firms

Audretsch, David B.; Leyden, Dennis Patrick; Link, Albert N. - Economics Department, Bryan School of Business and Economics - 2012

.S. Department of Energy’s Small Business Innovation Research (SBIR) program. We find that larger firms are more likely to be …

Persistent link: https://www.econbiz.de/10009393856

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

Financial Signaling by Innovative Nascent Entrepreneurs

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - Wirtschaftswissenschaftliche Fakultät, … - 2009

innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …

Persistent link: https://www.econbiz.de/10005090597

New firm creation and failure: A matching approach

Gries, Thomas; Jungblut, Stefan; Naudé, Wim - United Nations University-Maastricht Economic Research … - 2012

We propose that the rate of creation and failure of new firm start-ups can be modelled as a search and matching process, as in labor market matching models. Deriving a novel Entrepreneurship-Beveridge curve, we show that a successful start-up depends on the efficiency with which entrepreneurial...

Persistent link: https://www.econbiz.de/10010712048

New Firm Creation and Failure: A Matching Approach

Gries, Thomas; Jungblut, Stefan; Naude, Wim - Department Volkswirtschaftslehre, Fachbereich für … - 2011

We propose that the rate of creation and failure of new firm start-ups can be modelled as a search and matching process, as in labor market matching models. Deriving an "entrepreneurial" Beveridge curve, we show that a successful start-up depends on the efficiency with which entrepreneurial...

Persistent link: https://www.econbiz.de/10010780827

Entrepreneurship and structural economic transformation

Gries, Thomas; Naudé, Wim - In: Small Business Economics 34 (2010) 1, pp. 13-29

Persistent link: https://www.econbiz.de/10008502681