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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...
Persistent link: https://www.econbiz.de/10010291511
entrepreneurship research. To assess relative workforce heterogeneity, we construct a simulated benchmark to which we compare observed …
Persistent link: https://www.econbiz.de/10010293184
In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to education. As a theoretical basis, I apply the O-ring theory...
Persistent link: https://www.econbiz.de/10010298851
entrepreneurship. …
Persistent link: https://www.econbiz.de/10011400491
transformation, will stagnate. One such endogenous driver is entrepreneurship. In this paper I start with the reappraisal of African … agriculture and focus on the literature on entrepreneurship in Africa's structural transformation. I present a conceptual model to … describe how entrepreneurship reallocates farmers out of agriculture into non-agricultural activities and locations. Recent …
Persistent link: https://www.econbiz.de/10011401794
Support for entrepreneurship is widely seen as a mechanism to facilitate prosperity and peace in a growing number of … post-conflict states. In this paper I critically evaluate this view. I argue that entrepreneurship is a ubiquitous quality … in post-conflict states but not necessarily always for the good. Unproductive and destructive entrepreneurship may …
Persistent link: https://www.econbiz.de/10010323518
We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...
Persistent link: https://www.econbiz.de/10010324773
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010328895
Most of the European Member States employ anti-loss trafficking rules. They aim to prevent the acquisition of mere corporate shells with high tax loss carryforwards for the tax asset to be utilized in profitable companies. However, other corporations can unintentionally be affected by the...
Persistent link: https://www.econbiz.de/10012105657
We use longitudinal data over a decade on start-ups and employment in Swedish regions and analyze the effect of start-ups on subsequent employment growth. We extend previous analyses by examining the influence of regional start-ups in a sector on regional employment growth in the same sector and...
Persistent link: https://www.econbiz.de/10010266654