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How does financial integration impact capital accumulation, current-account dynamics, and cross-country inequality? This paper investigates this question within a two-country, general-equilibrium, incomplete-markets model that focuses on the importance of idiosyncratic entrepreneurial risk -- a...
Persistent link: https://www.econbiz.de/10013118441
The emergence of new ventures that from inception use resources and sell their goods and services in multiple foreign markets has challenged traditional theories explaining the internationalization of a firm as a stage process (Oviatt & McDougall, 1994). Different factors have been identified to...
Persistent link: https://www.econbiz.de/10011508033
Knowledge flows from universities to the regional economy can take different forms ranging from formal research collaborations to consultancy and informal personal connections. One of the knowledge communication channels drawing substantial interest of both researchers and regional policy makers...
Persistent link: https://www.econbiz.de/10011563833
Young technology ventures are strongly affected by technological environmental conditions. In the light of opportunity theory, this study focuses on the interaction of a young firm's technological base and the pace of technological development in its field. It distinguishes three technological...
Persistent link: https://www.econbiz.de/10010378894
We develop a taxonomy – Oxford Venture Ecosystem Taxonomy (OVET) -- to classify technology startup ventures along six dimensions: 1) the area of work, 2) purpose of technology use, 3) types of clients, 4) value capture strategy, 5) founder and funder characteristics, and 6) geographical...
Persistent link: https://www.econbiz.de/10013233964
The transfer of knowledge and technology from academia to industry is usually understood as a process. While previous research focuses on phenomena along the process and its outcomes, the starting point of the process - the initiation of a transfer activity - remains unstudied. We provide first...
Persistent link: https://www.econbiz.de/10013490709
greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key …
Persistent link: https://www.econbiz.de/10011452416
reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …
Persistent link: https://www.econbiz.de/10012241073
We describe Germany's rise as an industrial power in the late 19th century through radical innovation and … miracle, was nevertheless a period during which innovation slowed down - a somewhat surprising conclusion, but consistent with … innovation indicators, and offer four broad, interrelated explanations in a historical context: (i) the innovation system is …
Persistent link: https://www.econbiz.de/10013414364
innovation and other aspects of firm performance. They suggest that private VC tends to have larger effects than government VC …
Persistent link: https://www.econbiz.de/10014533546