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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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To be or not to be : the entrepreneur in endogenous growth theory
Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2021
Persistent link: https://www.econbiz.de/10012604782
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To be or not to be : the entrepreneur in neo-Schumpeterian growth theory
Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - In: Entrepreneurship theory and practice : ET&P 48 (2024) 1, pp. 104-140
Persistent link: https://www.econbiz.de/10014433392
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To be or not to be : the entrepreneur in neo-Schumpeterian growth theory
Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2022
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013412825
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To be or not to be : the entrepreneur in neo-Schumpeterian growth theory
Henrekson, Magnus; Johansson, Dan; Karlsson, Johan - 2022
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013401933
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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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Exploration and exploitation: the role of entrepreneurship and R&D in the process of innovation
Keilbach, Max; Sanders, Mark - 2007
We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods … stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R&D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …
Persistent link: https://www.econbiz.de/10010263851