Narrow search
Showing 1 - 10 of 12
Cover Image
Auctioning process innovations when losers' bids determine royalty rates
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2010
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms' bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing bid...
Persistent link: https://www.econbiz.de/10003935644
Cover Image
Licensing a common value innovation when signaling strength may backfire
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2010
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10003935649
Cover Image
Entrepreneurship, institutuions and economic dynamism : lessons from a comparison of the United States and Sweden
Braunerhjelm, Pontus; Henrekson, Magnus - 2012
deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the …, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …, considerable differences remain. These constitute the basis for the concluding policy discussion. -- Entrepreneurship ; Innovation …
Persistent link: https://www.econbiz.de/10009666645
Cover Image
License auctions with royalty contracts for (winners and) losers
Giebe, Thomas; Wolfstetter, Elmar - 2007 - April (revised) 2007
This paper revisits the licensing of a non-drastic process innovation by an outside innovator to a Cournot oligopoly …
Persistent link: https://www.econbiz.de/10010365856
Cover Image
Optimal bid disclosure in license auctions with downstream interaction
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2014
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning bid and stressed that this gives firms an incentive to signal strength through their bids, to the benefit of the innovator. In the present paper we examine whether revealing...
Persistent link: https://www.econbiz.de/10010378352
Cover Image
Billionaire entrepreneurs : a systematic analysis
Henrekson, Magnus; Sanandaji, Tino - 2013
countries in the 1996-2010 period. To our knowledge this is the first systematic cross-country study of billionaire …-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267
Cover Image
Prizes and lemons : procurement of innovation under imperfect commitment
Ding, Weili; Wolfstetter, Elmar - 2009
The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
Persistent link: https://www.econbiz.de/10003848872
Cover Image
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
Cover Image
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
Cover Image
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