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Intellectual property rights and the knowledge spillover theory of entrepreneurship
Ács, Zoltán J.; Sanders, Mark - 2008
generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … strengthening patent protection will reduce the returns to entrepreneurship sufficiently to reduce overall economic growth. …
Persistent link: https://www.econbiz.de/10010271789
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Institutional reform for innovation and entrepreneurship: An agenda for Europe
Elert, Niklas; Henrekson, Magnus; Stenkula, Mikael - 2017
to promote entrepreneurship, innovation and growth. …It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and …
Persistent link: https://www.econbiz.de/10011917026
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Financial signalling by innovative nascent entrepreneurs
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - 2009
innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010266651
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Can government intervention make firms more investment-ready? A randomized experiment in the Western Balkans
Cusolito, Ana Paula; Dautovic, Ernest; McKenzie, David J. - 2020
Innovative firms with good ideas may still struggle to fine-tune them to the stage where they can attract outside funding. We conduct a five-country randomized experiment that tests the impact of an investment readiness program. Firms then pitched their ideas to independent judges. The program...
Persistent link: https://www.econbiz.de/10012422053
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Entrepreneurship and Public Policy
Henrekson, Magnus; Stenkula, Mikael - 2009
Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship … public policy affects the prevalence and performance of both productive entrepreneurship and so-called high …-impact entrepreneurship in turn. Although varying contexts and economic systems make prescribing a general panacea impossible, a number of …
Persistent link: https://www.econbiz.de/10010320341
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Does quality make a difference? Employment effects of high- and low-quality start-ups
Fritsch, Michael; Schroeter, Alexandra - 2011
discuss the implications for entrepreneurship policy that can be derived from our findings. …
Persistent link: https://www.econbiz.de/10010286291
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Financial signaling by innovative nascent entrepreneurs
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - 2009
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010291111
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Born local: two avenues to internationalization
Ács, Zoltán J.; Terjesen, Siri - 2007
Are firms born Global? Because knowledge spillovers that lead to new venture creation are geographically constrained we believe that firms are born local. It follows that the decision to create sustainable new ventures is independent from the decision to interna-tionalize, even if that is the...
Persistent link: https://www.econbiz.de/10010271773
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The knowledge spillover theory of entrepreneurship and foreign direct investment
Ács, Zoltán J.; Brooksbank, David J.; O'Gorman, Colm; … - 2007
We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …
Persistent link: https://www.econbiz.de/10010271769
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Employment growth of new firms
Stam, Erik; Gibcus, Petra; Telussa, Jennifer; Garnsey, … - 2008
This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...
Persistent link: https://www.econbiz.de/10010263862