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Many governments promote small businesses for the dual reasons of fostering 'breakthrough' innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation project and on their mode of commercializing the...
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. -- Entrepreneurship ; Innovation ; Corporate taxes ; Firm growth …
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We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
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empirical instrument for assessing a firm’s degree of entrepreneurship. Our instrument should open up opportunities for … researchers to further evaluate entrepreneurship in existing firms. …
Persistent link: https://www.econbiz.de/10009438041
H. H. Stevenson suggests that firms’ management practices range along a spectrum from highly entrepreneurial to highly administrative. At the entrepreneurial end are promoter firms with a focus on new opportunities and at the administrative end are trustee firms with an inward focus on...
Persistent link: https://www.econbiz.de/10009438042
'Introduction' In their path-breaking article, Low & MacMillan (1988) suggest that entrepreneurship be defined as the … 'creation of new enterprise'. The purpose of entrepreneurship research should be to 'explain and facilitate the role of new … micro and macro perspec-tives. They argued that researchers must acknowledge that entrepreneurship studies could and should …
Persistent link: https://www.econbiz.de/10009438043
specifically on growth, we also have the observation that longitudinal designs are generally lacking in entrepreneurship research … longitu-dinal studies in entrepreneurship research as a major impediment (Aldrich & Baker, 1997, p. 389; Sex-ton, 1997, p. 407 …
Persistent link: https://www.econbiz.de/10009438044
Understanding the sources of business growth is central to both the fields of entrepreneurship and strategy. This is a …
Persistent link: https://www.econbiz.de/10009438048