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 …

-doing and organizational forgetting in R&D on firms' incentives to innovate. I develop a dynamic step by step innovation model … accumulation the leader's R&D effort increases with the gap as she is trying to avoid competition in the future. When firms gain … allows followers to catch up. Contrary to the benchmark case, the leader's innovation effort declines with the lead. This …

mainly elaborated by the evolutionist and Austrian traditions to explain the link between innovation and economic development … offers a different image of the entrepreneur action and enables to introduce, in between innovation and economic development …

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 …

innovation activities captured by patent applications, firm characteristics, international trade and the regional milieu. …