Showing 1 - 10 of 5,341
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …
Persistent link: https://www.econbiz.de/10011372984
At least since Schumpeter published his work "The Theory of Economic Development" (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable "location" as a critical factor, shaping firm...
Persistent link: https://www.econbiz.de/10011455992
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …
Persistent link: https://www.econbiz.de/10011986036
This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial … files for the period 1997-2008, three types of incumbent firms are distinguished: firms that are engaged in innovation … new firm can be linked back to the innovation strategy of the parent firm. In contrast, there is strong evidence that …
Persistent link: https://www.econbiz.de/10010742110
innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010266651
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10010291111
venture capital, innovation and entrepreneurship has greatly extended and improved our understanding of one of the major … and organization of the venture capital industry. Later, his most important publications on entrepreneurship, innovation …
Persistent link: https://www.econbiz.de/10008483922
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncer-tainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10010427765
Popular theories claim that innovation activities should be located in large cities because of more favorable … such theories. We argue that a main force behind the geography of innovation in Germany is the country's federal tradition … and distribution of knowledge sources on innovation activities today. We conclude that historical factors that shape the …
Persistent link: https://www.econbiz.de/10012167186
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an invention. In this scenario, start-up companies benefit from the exclusive right to commercialize patent-protected inventions and the certification effect of patents which...
Persistent link: https://www.econbiz.de/10010204045