Showing 1 - 10 of 85
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … entrepreneurs but, at the same time, give an incentive to choose low risk projects, due to the existence of limited loss offset …
Persistent link: https://www.econbiz.de/10010275011
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … entrepreneurs but, at the same time, give an incentive to choose low risk projects, due to the existence of limited loss offset …
Persistent link: https://www.econbiz.de/10010427596
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced product market profits, can increase the incentives for innovations. The reason is that the incentive to innovate depends on the acquisition price which, in turn, might increase...
Persistent link: https://www.econbiz.de/10010320042
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … tax system induce entrepreneurs to choose projects with too little risk and this problem arises primarily when … entrepreneurs market their product themselves. When innovations reduce only the fixed costs of production this leads to a …
Persistent link: https://www.econbiz.de/10010320415
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … entrepreneurs but, at the same time, give an incentive to choose low risk projects, due to the existence of limited loss offset …
Persistent link: https://www.econbiz.de/10013067942
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … entrepreneurs but, at the same time, give an incentive to choose low risk projects, due to the existence of limited loss offset …
Persistent link: https://www.econbiz.de/10009124617
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … entrepreneurs but, at the same time, give an incentive to choose low risk projects, due to the existence of limited loss offset …
Persistent link: https://www.econbiz.de/10009130215
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation … tax system induce entrepreneurs to choose projects with too little risk and this problem arises primarily when … entrepreneurs market their product themselves. When innovations reduce only the fixed costs of production this leads to a …
Persistent link: https://www.econbiz.de/10009399312
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced product market profits, can increase the incentives for innovations. The reason is that the incentive to innovate depends on the acquisition price which, in turn, might increase...
Persistent link: https://www.econbiz.de/10005419538