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There is great interest in evaluating the impact of private equity investments on innovation and economic growth. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of entrepreneurial firms. We fill this gap by examining a rich...
Persistent link: https://www.econbiz.de/10013076462
The purpose of this paper is to explore the relationship between an entrepreneur’s experience and education and his/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the crossroads between sources of knowledge and...
Persistent link: https://www.econbiz.de/10012055295
Intellectual property protection mechanisms (IPPMs) are critical to fostering innovation and their relevance has grown enormously with the increased trade in goods and services involving intellectual property. Scholars have investigated what factors facilitate or hinder the use of such IP...
Persistent link: https://www.econbiz.de/10012055305
The origin of ideas is an important topic to be addressed by eminent disciplinary scholars, and then debated, and then debated, and then debated yet again. Even addressing the narrower topic of the origin of entrepreneurial or innovative ideas is a bold if not presumptuous undertaking. In this...
Persistent link: https://www.econbiz.de/10011099149
U.S. technology-based initiatives at the state level continue to emphasize regional economic development and job growth. Many are now also focused on green technologies. This paper describes one such green program, the North Carolina Green Business Fund. Based on an analysis of 24 funded R&D...
Persistent link: https://www.econbiz.de/10011164317
There is an extensive literature on the success/failure of firm-funded R&D projects but growing policy interest focuses on publicly-funded R&D projects. Using data from 1,878 Phase II R&D projects funded through the U.S. Small Business Innovation Research (SBIR) program, of which 624 had been...
Persistent link: https://www.econbiz.de/10011168629
This paper models the entrepreneurial process as both creation and discovery composed of an iterative two-step process where entrepreneurs create social networks based on subjective expectations about the future effectiveness of those networks, and then choose the innovation to pursue and map a...
Persistent link: https://www.econbiz.de/10010886042
This note describes several performance characteristics of the Small Business Innovation Research (SBIR) program. The numerical examples are based on our analysis of the 1,878 randomly selected projects conducted at firms that responded to the 2005 National Research Council survey. The data show...
Persistent link: https://www.econbiz.de/10010840006
Our descriptive analysis of a random sample of businesses that received Phase II Small Business Innovation Research (SBIR) program awards shows that female-owned businesses are disadvantaged, compared to male-owned businesses, in their ability to attract alternative investment funding to...
Persistent link: https://www.econbiz.de/10010840007
In this paper we focus on technology that resulted from R&D projects funded by U.S. Small Business Innovation Research (SBIR) Phase II awards. We ask: Is there evidence that strategic commercial agreements allow foreign firms to exploit the technologies developed through the SBIR program and...
Persistent link: https://www.econbiz.de/10010840008