Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10011741408
discourage innovation. Firms may reject profitable opportunities that fall outside of their core activities. If employees own the … intellectual property (IP), they may leave to do a start-up. The allocation of IP rights also affects the generation of innovation …. The external entrepreneurial environment is a complement to firm-internal innovation. If the external environment is …
Persistent link: https://www.econbiz.de/10009191759
yielding a valuable innovation. Finding the complementary piece requires ideas to circulate, which creates appropriation risks … provides new insights into the structure of innovation-driven clusters such as Silicon Valley. <i>This paper was accepted by …
Persistent link: https://www.econbiz.de/10010990509
Persistent link: https://www.econbiz.de/10011373358
Persistent link: https://www.econbiz.de/10001525320
Persistent link: https://www.econbiz.de/10001453422
"This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10008737781
Persistent link: https://www.econbiz.de/10009234041
"Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008991150
Persistent link: https://www.econbiz.de/10003992317