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This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010276297
-level data spanning three decades. Our results indicate that diminishing returns in idea production are a global phenomenon, not …
Persistent link: https://www.econbiz.de/10012290495
This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...
Persistent link: https://www.econbiz.de/10005862087
We investigate innovation dynamics in Japanese listed firms by calculating an indicator for the accumulation of innovation based on patent citations, the “citation stock.” The calculated citation stock has decreased since the mid-2000s, which implies that the pace of innovation accumulation...
Persistent link: https://www.econbiz.de/10013239655
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10012750339
-level data spanning three decades. Our results indicate that diminishing returns in idea production are a global phenomenon, not …
Persistent link: https://www.econbiz.de/10012239797
Emergence is a unifying theme of both evolutionary economics and complex systems theory. In spite of this centrality, emergence in economics has not been subject to an extensive critical analysis. This paper remedies this deficit. We identify several conditions that economic patterns (i.e....
Persistent link: https://www.econbiz.de/10011048163
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad … marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new …
Persistent link: https://www.econbiz.de/10013306810
In this study, we examine the nature of Schumpeterian competition between entrants and incumbents. We argue that … together, we develop a framework of four distinct potential scenarios of Schumpeterian competition. In particular, we emphasize …
Persistent link: https://www.econbiz.de/10012870790
We report an experimental test of alternative rules in innovation contests when success may not be feasible and contestants may learn from each other. Following Halac et al. (forthcoming), the contest designer can vary the prize allocation rule from Winner-Take-All in which the first successful...
Persistent link: https://www.econbiz.de/10012992465