At least since Schumpeter published his work "The Theory of Economic Development" (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable "location" as a critical factor, shaping firm...

Das digitale Zeitalter und seine Hyperökonomie. Aus erster Hand berichtet Christoph Keese von Unternehmern und Innovationen im Silicon Valley und verbindet die vielen Facetten des digitalen Wandels zum grossen Bild. Was sind die Erfolgsrezepte und Treiber der boomenden Internetwirtschaft?...

When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...