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industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of ‘entrepreneurial systems of innovation' to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …
Persistent link: https://www.econbiz.de/10012824239
industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of "entrepreneurial systems of innovation" to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …
Persistent link: https://www.econbiz.de/10011621226
industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of "entrepreneurial systems of innovation" to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …
Persistent link: https://www.econbiz.de/10011917030
We study the impact of alternative innovation policies on the short- and long-run performance of the economy, as well … consider market-based innovation policies such as R&D subsidies to firms, tax discount on investment, and direct policies akin … allocated to market-based interventions, “Mission” innovation policies deliver significantly better aggregate performance if the …
Persistent link: https://www.econbiz.de/10012520256
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10010272466
the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …
Persistent link: https://www.econbiz.de/10010320042
While purposive action is widely viewed as a sine qua non of entrepreneurship, the purpose of such purposive action, is often muted. We submit that exploring the purpose of entrepreneurial behavior, can yield valuable insights into the study of entrepreneurship. We leverage Ronald Coase's...
Persistent link: https://www.econbiz.de/10013113456
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008467316
the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …
Persistent link: https://www.econbiz.de/10005419538
technology and innovation have created a plethora of new opportunities for small and medium-sized enterprises. This paper …
Persistent link: https://www.econbiz.de/10011288743