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of "new combinations". According to him, innovation and entrepreneurship are destructive elements driving the system …
Persistent link: https://www.econbiz.de/10011895105
This paper reviews existing innovation metrics at the company-level and country-level, and proposes a system of … signposts of innovation to help executives with a guiding framework and data resources for evaluating and planning innovation … of innovation activities that today's businesses undertake. We also incorporate input from The Conference Board members …
Persistent link: https://www.econbiz.de/10012956108
Austrian economist Ludwig Mises’s central role in the socialist calculation debates has been consensually acknowledged since the early 1920s. Yet, only recently, Nemeth, O’Neill, Uebel, and others have drawn particular attention to Mises’s pertinent encounter with one of the most colorful...
Persistent link: https://www.econbiz.de/10012607642
Past work has shown that failure tolerance by principals has the potential to stimulate innovation, but has not … ― in terms of an investor's required share of equity ― that increases in the level of radical innovation. Financiers with … tolerant. Since policies to stimulate innovation must often be set before specific investments in innovative projects are made …
Persistent link: https://www.econbiz.de/10009772647
innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994-2002. We find that innovation behaviour is permanent at …
Persistent link: https://www.econbiz.de/10012727298
The main objective of the paper is to address the question of how to foster innovation and small firm growth under … different levels of technological turbulence, flow experience, innovation and small firm growth (i.e. market share and ROI … environments in terms of the relationships of risk taking, flow at work, innovation and small firm growth. Based on a survey among …
Persistent link: https://www.econbiz.de/10012270437
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10011986036
This article tests the hypothesis that entrepreneurs' confidence in innovation has a positive effect on their … Global Entrepreneurship Monitor, GEM. An organizational innovation confidence index is constructed from three questions … their daily work, and use new products and services that will improve their working life. Innovation is measured by two …
Persistent link: https://www.econbiz.de/10012010578
capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm …
Persistent link: https://www.econbiz.de/10011734505
James M. Buchanan revisited his mentor's famous 1923 essay “The Ethics of Competition” in an essay written for the …
Persistent link: https://www.econbiz.de/10012889227