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domestic entry in the form of spinoffs, and the availability of bank credit. <br>This thesis, for the most part, utilizes the …
Persistent link: https://www.econbiz.de/10011148813
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …
Persistent link: https://www.econbiz.de/10008919575
The decision to exit is examined for a cohort of over 12,000 plants established in 1976. Using a longitudinal data base, the performance of the establishments is analysed over the subsequent 10 years. The empirical evidence suggests that start-up size, ownership status, and the industry...
Persistent link: https://www.econbiz.de/10009275843
. Recent studies across innovative industries suggestthat explosive cluster growth is associated with the entry and success of … innovation creates more opportunities for spinoff entry and drives a region’s growth. …
Persistent link: https://www.econbiz.de/10010659035
In industries with network effects, incumbents' installed bases create barriers to entry that discourage entrepreneurs … from developing new innovations. Yet, entry is not the only commercialization route for entrepreneurs. We show that the … not necessarily restrict the innovation incentives and that network effects promote acquisitions over entry. …
Persistent link: https://www.econbiz.de/10011117298
). In an entry/acquisition game, we allow the potential entrant in a vertically differentiated market to offer a variant …
Persistent link: https://www.econbiz.de/10010875376
the firms’ post-entry development. Nevertheless, few existing studies are dealing with questions of entrepreneurship in … the KIBS sector using micro firm data. This contribution gives an empirical analysis of the determinants of post-entry …-Classification: D21, J23, L80, O30 Keywords: Employment growth; Entrepreneurship; Entry; Innovation; Knowledge-intensive business …
Persistent link: https://www.econbiz.de/10011318984
empirical analysis of the determinants of post-entry performance of KIBS. The results of the estimation of firm growth equations …
Persistent link: https://www.econbiz.de/10010262859
This paper takes a different perspective toward the escape entry incentive of incumbent firms to innovate. New entrants … endogeneity, we apply an IV approach to analyze a rich industry-level dataset (19872000) for Germany. We find evidence that entry …
Persistent link: https://www.econbiz.de/10010266671
An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the firm manages its rival's beliefs about the size of the innovation, and affects the incentives in the product market. Different measures of competitive pressure in the product...
Persistent link: https://www.econbiz.de/10010267007