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interests of foreign investors and the interests of recipient regions as learning regions. Our exploratory results give a rather …
Persistent link: https://www.econbiz.de/10010783186
factors for innovation at the local level, based on micro survey information from firms. In seeking for prominent explanatory … variables for entrepreneurial innovation in various classes of European cities, a particular multivariate method - i.e., Regime … generates a wide range of interesting empirical results on innovation factors in European cities. …
Persistent link: https://www.econbiz.de/10010783222
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...
Persistent link: https://www.econbiz.de/10004964394
Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....
Persistent link: https://www.econbiz.de/10005791605
. In the deterministic model, R&D in time t surely leads to an innovation in time t + 1. In this setting, the authors show … hence achieves a larger size of innovation and a higher growth rate. Next, in the stochastic model, R&D in time t … probabilistically leads to an innovation in time t + 1. In this setting, the authors first define the equilibrium and the steady state …
Persistent link: https://www.econbiz.de/10010569275
Persistent link: https://www.econbiz.de/10014267754