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We contribute to the economic literature on patent litigation by taking a new perspective. In the past, scholars mostly focused on specific litigation cases at the patent level and related technological characteristics to the event of litigation. However, observing IP disputes suggests that not...
Persistent link: https://www.econbiz.de/10011816416
This article formalises the idea of money-metric production frontiers, which we propose as a general framework for nonparametric evaluation of economic efficiency. As we show in our methodological discussion, this improves the flexibility and economic interpretation of our model. The empirical...
Persistent link: https://www.econbiz.de/10003929600
In infant industries, a great share of new market opportunities is depleted by firms that spinoff from incumbents. A model emphasizing the relation between incumbents' evolving corporate cultures and the generation of spinoffs explains this regularity in industry evolution. Organizations reach a...
Persistent link: https://www.econbiz.de/10009269489
We analyze the implications of entrepreneurial spawning for a variety of firm characteristics such as size, focus, profitability, and innovativeness. We examine the dynamics of spawning over time. Our model accounts for much of the empirical evidence relating to the relation between spawning and...
Persistent link: https://www.econbiz.de/10009009017
We analyze the implications of the decision to spawn or to retain a new product for the nature and evolution of the firm. In our model, a new product is spawned if the fit between the product and its parent firm organization is not adequate. We focus on the impact of the firm's history of...
Persistent link: https://www.econbiz.de/10012975370
The role of individual inventors, small firms and entrepreneurs in the patent courts has become controversial for two, somewhat contradictory reasons. First, there is the view that small parties may be at a serious disadvantage in the courts since they do not have the financial resources to...
Persistent link: https://www.econbiz.de/10014210760
In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government support schemes. We analyze the effects of such policies to subsidize small businesses in a setting where both the risk-return characteristics of the selected innovation project...
Persistent link: https://www.econbiz.de/10013067942
medium sized enterprises (SMEs). Our empricial results indicate that external acquisition practices play a key role in … fostering SMEs' innovativeness while internal sharing practices do not appear to have a significant influence. External … opportunities which in turn may lead to new or improved products or processes. We suggest that owners/entrepreneurs of SMEs and …
Persistent link: https://www.econbiz.de/10013152656
We analyze the impact of firm's asset uniqueness and its growth opportunities on the leasing decisions of U.S. startups. To test our hypotheses, we use a unique dataset provided by the Kauffman Foundation. Our results show that startups in the high-technology sector have a lower propensity to...
Persistent link: https://www.econbiz.de/10012969232
Innovation in low-tech sectors such as food & drinks continues to be under-researched and under-theorised despite growing evidence on low and medium technology sectors' substantial contribution to economic growth in the developed countries. This attempt to build theory from case study research,...
Persistent link: https://www.econbiz.de/10013049156