Narrow search
Showing 1 - 10 of 622
Cover Image
Venture capitalists, asymmetric information and ownership in the innovation process
Fabrizi, Simona (contributor) - 2008
where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as … ; entrepreneurs ; signaling ; development ; M&A …
Persistent link: https://www.econbiz.de/10003774795
Cover Image
Creative destruction and productive preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2009
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...
Persistent link: https://www.econbiz.de/10003843246
Cover Image
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 more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10009691699
Cover Image
Do tax loss restrictions distort venture capital funding of start-ups?
Bührle, Anna Theresa - 2021 - This version: January 13th, 2021
Anti-tax loss trafficking rules disallow the use of loss carryforwards after a change in ownership or activity (such as significant changes in turnover, employment, or the product portfolio). This restriction could threaten accumulated loss carryforwards of start-ups. Accounting for the...
Persistent link: https://www.econbiz.de/10012425319
Cover Image
Entrepreneurship and human development : a capability approach
Gries, Thomas; Naudé, Wim - 2010
that even when entrepreneurship is valued, entrepreneurs may often not match their ideas with suitable opportunities …
Persistent link: https://www.econbiz.de/10008661761
Cover Image
Entrepreneurial innovations and taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - 2012
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … tax system induce entrepreneurs to choose projects with too little risk and this problem arises primarily when … entrepreneurs market their product themselves. When innovations reduce only the fixed costs of production this leads to a …
Persistent link: https://www.econbiz.de/10009530995
Cover Image
Innovation and the financial guillotine
Nanda, Ramana; Matthew, Rhodes-Kropf, - 2012 - Draft: November 26, 2012
attract entrepreneurs, leaving no capital to fund the most radical, experimental projects in the economy. The impact of …
Persistent link: https://www.econbiz.de/10009772647
Cover Image
Mobilizing social capital through employee spinoffs
Muendler, Marc-Andreas; Rauch, James E. - 2012
Persistent link: https://www.econbiz.de/10009666589
Cover Image
The affective roots of resource heterogeneity : how founders' emotion regulation helps create social resources in startups
Zott, Christoph; Huy, Quy - 2010
Persistent link: https://www.econbiz.de/10008771339
Cover Image
The effects of employment protection on the choice of risky projects
Glazer, Amihai; Kanniainen, Vesa - 2002
We consider a firm that is subject to employment protection laws that limit the firm s ability to fire labor. In particular, we suppose that though a firm which shuts down can fire all its workers, it may fire no fewer. Compared to a firm that is subject to no employment protection, a firm...
Persistent link: https://www.econbiz.de/10011409396