agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This … managerial incentives with the owners' goals, as agency theory predicts, it also grants top managers residual control rights to … subsequent competitive advantage. This theory of entrepreneurial governance is tested using patent ownership as a proxy for both …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

innovation process. A missing venture capital market can be ascribed to an inefficient allocation of resources, calling for a …

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …

issues will be cross classified with J23; those focusing on innovation and entrepreneurship will be cross classified with O31 … the questions this review covers the intersection of entrepreneurship with labor markets, innovation and capital …

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show …

facilities that include external sources of information into the innovation process. This trend towards an open innovation … in external R&D allow fast adaptations within the innovation process in case of changing market trends or radical … innovations. Furthermore, opening up the innovation process simplifies an integration of required know-how from another industry …

internationalization process. We contribute to this research stream by establishing theoretical links with the emerging open innovation … with regard to the effect of open innovation strategies on internationalization performance. Our results show that both the …