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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10010263837
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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - Wirtschaftswissenschaftliche Fakultät, … - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005090571
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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005864516
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Nascent Entrepreneurs, Innovation and Financing Constraints
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - DRUID, Copenhagen Business School, Department of … - 2007
Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new data on capital seeking start-ups allowing distinction between planning stage and early stage. Being innovative does not affect the probability of having external finance in the...
Persistent link: https://www.econbiz.de/10005839210
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On regional innovator networks as hubs for innovative ventures
Cantner, Uwe; Wolf, Tina - 2016
At least since Schumpeter published his work "The Theory of Economic Development" (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable "location" as a critical factor, shaping firm...
Persistent link: https://www.econbiz.de/10011455992
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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
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The selective nature of innovator networks: From the nascent to the early growth phase of the organizational life cycle
Cantner, Uwe; Wolf, Tina - 2016
Earlier studies have shown that entrepreneurs play a key role in shaping regional development. Innovator networks where these entrepreneurs are members of have been identified as one among many critical factors for their firms' success. This paper intents to go one step further and analyses in...
Persistent link: https://www.econbiz.de/10011580462
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Prior knowledge and entrepreneurial innovative success
Cantner, Uwe; Goethner, Maximilian; Meder, Andreas - 2007
first hint towards the importance of collective innovation activities. …
Persistent link: https://www.econbiz.de/10010263810
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Financial signalling by innovative nascent entrepreneurs
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - 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/10010266651
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The use and effect of social capital in new venture creation: Solo entrepreneurs vs. new venture teams
Cantner, Uwe; Stützer, Michael - 2010
This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182) and new venture teams (n=274) from a random sample of start-ups in innovative industries and test social capital use and its effects on firm performance. Our results reveal that...
Persistent link: https://www.econbiz.de/10010271190