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imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical … strategy view, our paper also shows that imitators may not always benefit from interfirm knowledge spillovers. Specifically …
Persistent link: https://www.econbiz.de/10011866633
We assess whether a VC’s intrinsic commitment to a startup affects investment performance. We proxy for climate change commitment using the political contributions to democrats of the lead VC person on a deal. We find investments by democrats in climate-related startups have 8% higher...
Persistent link: https://www.econbiz.de/10014236837
concentration upon innovation, focusing on robust findings, questions of interpretation, and the identification of major gaps. We … also consider the more modest literature that considers the effect on innovation of firm characteristics other than size …
Persistent link: https://www.econbiz.de/10014025172
The study aims at providing new evidence with respect to the still unresolved question, whether the innovation … identifies a set of innovation strategies (cluster analysis), whose adequacy he evaluates using the “economics of innovation” as … reference. Secondly, the author investigates the dynamics of innovation strategies to get some insights into structural change …
Persistent link: https://www.econbiz.de/10011983277
The study aims at providing new evidence with respect to the still unresolved question, whether the innovation … identifies a set of innovation strategies (cluster analysis), whose adequacy he evaluates using the "economics of innovation" as … reference. Secondly, the author investigates the dynamics of innovation strategies to get some insights into structural changes …
Persistent link: https://www.econbiz.de/10011809878
This paper sets out findings from research into innovation dynamics in the mobile technology ecosystem in the Kenyan … the startups’ approaches—in support of their innovation and enterprise development efforts—to open collaboration, human …
Persistent link: https://www.econbiz.de/10014095862
innovation and other aspects of firm performance. They suggest that private VC tends to have larger effects than government VC …
Persistent link: https://www.econbiz.de/10014533546
This paper studies the effect of business partners on the commercialization of invention-based ventures, and it assesses the relative importance of the complementary skills, contacts, and financial capital that these partners may add to the original inventor-entrepreneur. Projects run by...
Persistent link: https://www.econbiz.de/10013067809
What is the relationship between venture capitalists’ selection of investment targets and the effects of these investments on the patenting performance of portfolio companies? In this paper, we set out a modelling and estimation framework designed to discover whether venture capital (VC)...
Persistent link: https://www.econbiz.de/10014122928
Our model reconciles seemingly contradictory empirical evidence on venture capital activity. Despite the venture capital-backed companies' superior long-run performance, stock markets react more negatively to their acquisitions than to other private acquisitions. Moreover, venture capital...
Persistent link: https://www.econbiz.de/10013141931