Showing 1 - 10 of 129
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003861082
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003848824
In the presence of asymmetric information, economic agents need to communicate their quality to investors and other parties. While much of the literature focuses exclusively on signaling, we develop a conceptual framework that extends this view with elements of the literature on certification....
Persistent link: https://www.econbiz.de/10013095986
Germany is one of few countries in which the monetary compensation for inventors is not only determined by negotiations between employer and employee-inventor, but also by relatively precise legal provisions. In this paper, we describe the characteristics of the German Employees' Inventions Act...
Persistent link: https://www.econbiz.de/10010441538
characteristic but it is also uncertain. In that perspective, the role of entrepreneurship is to take on the corresponding risk by … on both variables, entrepreneurship and economic performance, simultaneously. We find significant impact of … entrepreneurship capital on economic output. On the other hand, spatially specific entrepreneurship capital is shaped by regional …
Persistent link: https://www.econbiz.de/10011280375
-representation of women in entrepreneurship. The propensity of women to become self-employed has long remained at a significantly lower …
Persistent link: https://www.econbiz.de/10014464069
, self-employment and entrepreneurship plays an important role, and in particular new venture creation by women. This chapter … aims to provide a snapshot on female entrepreneurship in Germany, with a focus on female immigrant entrepreneurship. We … analyze female immigrant entrepreneurship against its historical background as well as in the light of the recent ‘European …
Persistent link: https://www.econbiz.de/10012944787
This paper shows how and why the Solow growth accounting framework is useful for linking entrepreneurship capital to … knowledge investments on economic growth. By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link … between investments in new knowledge and economic growth. Entrepreneurship is an important mechanism permeating the knowledge …
Persistent link: https://www.econbiz.de/10012714139
in Germany praises the Silicon Valley model of entrepreneurship, contrasting the Mittelstand as low-growth, low-tech and … is the antithesis to the Silicon Valley entrepreneurship model. We show that Mittelstand is more than a small and medium … the Mittelstand is an excellent example of everyday entrepreneurship and a vibrant segment of economy which is also …
Persistent link: https://www.econbiz.de/10011977405
-representation of women in entrepreneurship. The propensity of women to become self-employed has long remained at a significantly lower …
Persistent link: https://www.econbiz.de/10014456409