There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

Innovation entsteht kein Produkt. Wie sich Unternehmer beim Hervorbringen von Innovationen verhalten, ist aber weitgehend … unbekannt – und damit auch, welches Verhalten sich positiv und welches sich negativ auf eine Innovation auswirkt. Ueber dieses …

liberalisation; strengthening competition in markets for goods and services; education, research and innovation. Progress is also …’éducation, la recherche et l’innovation. Des progrès sont également requis dans d’autres domaines, notamment pour promouvoir des …

in resolving or channeling the major societal questions. More European competition between universities in education and … research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …

Enhancing growth through more innovation has become a priority for Austrian policy makers in line with European … policies as laid down in the Lisbon Agenda. This paper discusses Austria’s innovation performance, its innovation policies, and … general framework conditions for innovation and growth. Austria has increased its R&D spending as a share of GDP over the last …

Innovation has become a central theme and challenge in the literature of entrepreneurship, SMEs management, and … strategic knowledge management and in the literature of organizational learning. Innovation needs a business environment that is … conducive to long-term investments in new business activities. This way, the development of innovation policy in SMEs forms an …

We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is … acquisitions by incumbents are shown to stimulate the process of creative destruction by increasing the entrepreneurial effort … that high-quality inventions are sold under bidding competition. Asymmetric information problems are shown to be solved by …

pressures. The government has recently introduced several reforms to strengthen the competition policy framework. Nevertheless …. The powers of the Competition Authority can still be enhanced. Its effective degree of independence, substantially … direction are needed. In the retail sector competition-restricting regulations still protect existing companies against new …

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 …