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We use a dynamic model to study the effects of technology and learning on the long run economic growth rates of a … lagging region are the result of learning from the leading region's technologies. Our analysis sheds light on four salient …
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This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have incentives to choose projects with higher risk and a higher potential in order to reduce expected commercialization costs. However, entrepreneurs may still select too safe projects from...
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We focus on both individual and local uncertainty to explain the innovation potential of entrepreneurs in the NUTS1 UK … choices are truncated is taken as a determinant of an entrepreneur's innovation decision. GEM (Global Entrepreneurship Monitor … determinant of individual entrepreneurial choice. The regional effect appears to amount to about 4% of the innovation differences …
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. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
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-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
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