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Political activism positively affects firm innovation. Firms that support more politicians, politicians on … innovation. The results are consistent with the hypothesis that political activism is valuable because it helps reduce political … uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that politically active firms …
Persistent link: https://www.econbiz.de/10010501442
about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …
Persistent link: https://www.econbiz.de/10013069826
The U.S. promotes and produces innovation through a wide range of interdependent institutions, ranging from the grant …" innovation is and in part on how amenable certain types of innovation are to certain forms of institutional provision. To put it … more concretely, (1) innovation is a public good that acts as an input for producing a wide range of dependent goods …
Persistent link: https://www.econbiz.de/10014066909
-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...
Persistent link: https://www.econbiz.de/10011444478
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions …
Persistent link: https://www.econbiz.de/10010416707
Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital …
Persistent link: https://www.econbiz.de/10012660131
The objective of this study is to investigate the sensitivity of the estimated relationship between innovation and firm … different classifications of innovation. The analyses are performed in both level and growth rate dimensions. The overall …. -- Knowledge capital ; productivity ; innovation ; manufacturing ; services ; knowledge intensity ; Community Innovation Survey …
Persistent link: https://www.econbiz.de/10009502224
influences the innovation performance of a firm. While former studies mainly focused on knowledge management cycles, we … management techniques and their influence on product and process innovation. The ability to source external knowledge positively … the tools of knowledge management in function of the kind of technical innovation it wants to proceed …
Persistent link: https://www.econbiz.de/10013070381