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Determinants of growth and convergence in a growing economy with heterogeneous entrepreneurs
Dohse, Dirk; Ott, Ingrid - 2008
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10010263536
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Creating strategic advantage through entrepreneurial governance in new ventures
Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
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Redistribution and occupational choice in a Schumpeterian growth model
Garcίa-Peñalosa, Cecilia; Wen, Jean-François - 2004
We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …
Persistent link: https://www.econbiz.de/10010273729
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Creative destruction and productive preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010291511
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Absorptive capacity and innovation: When is it better to cooperate?
Egbetokun, Abiodun A.; Savin, Ivan - 2012
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010291823
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The role of patents and secrecy for intellectual property protection: theory and evidence
Mosel, Malte - 2012
results on the relation between patenting and innovation size are then confronted with survey data for small European firms …
Persistent link: https://www.econbiz.de/10010294735
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Technology and the economy
Dosi, Giovanni; Orsenigo, Luigi; Sylos Labini, Mauro - 2002
discusses some of the interpretative achievements stemming from e.g. the economics of innovation, industrial economics …
Persistent link: https://www.econbiz.de/10010328380
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Trademarks as an indicator of innovation and industrial change
Mendonça, Sandro; Pereira, Tiago Santos; Godinho, … - 2004
As innovation becomes an ever more central issue for the development of firms and world economies, so the need for … capturing relevant aspects of innovation phenomena and the process of industrial change. We propose trademarks as a … complementary indicator in the portfolio of available empirical tools of innovation studies and industrial dynamics. Our empirical …
Persistent link: https://www.econbiz.de/10010328573
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Prizes and Lemons: Procurement of Innovation under Imperfect Commitment
Ding, Wei; Wolfstetter, Elmar G. - 2009
The literature on R&D contests implicitly assumes that contestants submit their innovation regardless of its value …
Persistent link: https://www.econbiz.de/10010333799
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Entrepreneurial innovations and taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - 2011
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10010275011