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for firm entry, competitiveness, and market power. I calibrate a Schumpeterian model of endogenous growth with … distribution and a measure of firm markup are endogenously determined on a balanced growth path. I find that a spread in the wealth …
Persistent link: https://www.econbiz.de/10012670916
In recent decades, economic growth in countries around the world has become increasingly dependent on the dynamism of …
Persistent link: https://www.econbiz.de/10012012467
This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...
Persistent link: https://www.econbiz.de/10009774302
investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and … entrepreneurship are on the right track, but investment in knowledge-based capital could be made a more dynamic source of growth and … jobs. While Ireland has made good progress towards building up its scientific capabilities, innovation capacity remains …
Persistent link: https://www.econbiz.de/10010231006
We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent rights influence academic entrepreneurship. In 2002, the German Federal Government enacted a major reform called Knowledge Creates Markets that set up new infrastructure to...
Persistent link: https://www.econbiz.de/10011456680
and bank loans in the early financing of new firms and the relationship between financing choice and subsequent innovation … mix I use a two-stage analysis to probe the relationship between financing and innovation. In a novel strategy, I exploit … the role of entrepreneurial optimism to discern the relationship between debt financing and innovation outcomes …
Persistent link: https://www.econbiz.de/10013070165
It is well known that innovation law and policy must strike a balance between incentivizing inventions on the one hand … actors in innovation markets respond to their economic environments just like anyone else (at least on a first approximation … economic choice, but with the risky option framed as an investment in an “innovation-related” project. We find strong evidence …
Persistent link: https://www.econbiz.de/10012854104
innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship …, primarily in metro regional economies.Radical innovation occurs when technology from two distinct industrial clusters are … crossed, resulting in an entirely new product. In contrast, sustaining innovation usually involves adding technological …
Persistent link: https://www.econbiz.de/10012710971
and patent clearance. As a consequence, device-level licensing would likely have a chilling effect on innovation and …: Licensing at a value chain level where transaction costs are minimal; and licensing in a way that promotes downstream innovation …
Persistent link: https://www.econbiz.de/10013237701
knowledge spillovers, as they serve as central actors of innovation networks and stimulate network activities. Whereas the … linkages between network embeddedness and innovation activities have been largely explored, the impact on patent quality in … of respective institutions within innovation networks thereby reinforces the radicalness of inventions. However, we do …
Persistent link: https://www.econbiz.de/10012249632