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Dynastic entrepreneurship, entry, and non-compete enforcement
Rauch, James E. - 2015
We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs … increases the rate of spinoffs from original firms. Indeed, if employers have all the bargaining power vis-à-vis their employees …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can …
Persistent link: https://www.econbiz.de/10010528295
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Dynastic entrepreneurship, entry, and non-compete enforcement
Rauch, James E. - In: European economic review : EER 86 (2016), pp. 188-201
Persistent link: https://www.econbiz.de/10011770751
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A Model of Technological Progress in the Microprocessor Industry
Pillai, Unni - 2011
This paper develops a model of technological progress in the microprocessor industry that connects the seemingly disparate engineering and economic measures of technological progress. Technological progress in the microprocessor industry is driven by the repeated adoption of higher quality...
Persistent link: https://www.econbiz.de/10013123201
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Subsidies, Entry and the Distribution of R&D Investment
Asker, John - 2009
We analyze the link between entry and R&D spending distribution. We consider a monopolistic competitive market with free entry in which firms can invest in cost-cutting R&D by paying a fixed cost first. For an intermediate level of fixed cost, there is a unique equilibrium in which the market...
Persistent link: https://www.econbiz.de/10013158070
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On the Basis of Brain : Neural-Network-Inspired Change in General Purpose Chips
Prytkova, Ekaterina; Vannuccini, Simone - 2021
In this paper, we disentangle the changes that the rise of Artificial Intelligence Technologies (AITs) is inducing in the semiconductor industry. The prevailing von Neumann architecture at the core of the established “intensive” technological trajectory of chip production is currently...
Persistent link: https://www.econbiz.de/10013249642
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Subsidies, Entry and the Distribution of R&D Investment
Asker, John - 2009
We analyze the link between entry and Ramp;D spending distribution. We consider a monopolistic competitive market with free entry in which firms can invest in cost-cutting Ramp;D by paying a fixed cost first. For an intermediate level of fixed cost, there is a unique equilibrium in which the...
Persistent link: https://www.econbiz.de/10012720651
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4 Ways Kanter Should Clean Up DOJ Antitrust Holdups
Carrier, Michael A. - 2021
At long last, the Biden Administration has a permanent head of the Antitrust Division. Jonathan Kanter has much work to do. One easy place to begin? Cleaning up the “holdup” mess left by his predecessor, Makan Delrahim.Delrahim entered office in 2017 determined to shake things up. He had...
Persistent link: https://www.econbiz.de/10013314353
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Knowledge Diffusion through Employee Mobility
Franco, April; Filson, Darren - 2012
In high-tech industries, one important method of diffusion is through employee mobility: many of the entering firms are started by employees from incumbent firms using some of their former employers' technological know-how. This paper explores the effect of incorporating this mechanism in a...
Persistent link: https://www.econbiz.de/10014215795
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Simulating the New Economy
Eliasson, Gunnar; Johansson, Dan - 2013
The Information Technology (IT), the Internet, or the Computing & Communications (C&C) technology revolution has been central to the economic discussion for several decades. Before the mid-1990s the catchword was the “productivity paradox” coined by Robert Solow, who stated in 1987 that...
Persistent link: https://www.econbiz.de/10014153584
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Unbundling Competitive Heterogeneity : Incentive Structures & Capability Influences on Technological Innovation
Leiblein, Michael J.; Madsen, Tammy L. - 2014
Many studies argue that the continual creation of new ideas by small and young firms steadily destroys the competitive positions of their larger, more established rivals. Despite this attention, empirical results relating firm size to innovation remain exceedingly fragile. This paper proposes...
Persistent link: https://www.econbiz.de/10014048516