Showing 1 - 10 of 362
This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation … research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can … explore the repercussions of big tech start-up acquisitions on innovation by examining their effects on venture capital (VC …
Persistent link: https://www.econbiz.de/10012606325
innovation effects of restrictive acquisition policy have to be weighed against the pro-competitive effects of preserving …This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We apply this theory … acquisition policy reduces the variety of research approaches pursued by the firms and thereby the probability of discovering …
Persistent link: https://www.econbiz.de/10012287919
This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We show that … prohibiting killer acquisitions strictly reduces the variety of innovation projects. By contrast, we find that prohibiting other … acquisitions only has a weakly negative innovation effect, and we provide conditions under which the effect is zero. Furthermore …
Persistent link: https://www.econbiz.de/10012623166
This paper investigates an entrepreneur who decides whether to obtain funds from an independent venture capital firm (IVC) or a corporate venture capital firm (CVC) to develop an innovative product. In case of success, the entrepreneur enters a market and competes with an incumbent. The CVC is a...
Persistent link: https://www.econbiz.de/10011892152
Research suggests that public subsidies for newly founded firms have a positive effect on follow-on financing, in particular on Venture Capital (VC), through providing certification and early-stage liquidity. Building on the attention-based view, we argue that the various sources of VC value...
Persistent link: https://www.econbiz.de/10012623129
Persistent link: https://www.econbiz.de/10013359261
In this paper we measure knowledge spillovers arising from venture-capital nanced companies on the patenting activities of other companies and com- pare them to spillovers from established rms. We develop a novel measure to to identify the appropriate spillover pool based on backward citations...
Persistent link: https://www.econbiz.de/10010396675
This paper analyzes innovation races in a moral hazard setting. I develop a model where two competing entrepreneurs …
Persistent link: https://www.econbiz.de/10010396760
innovation networks in the Eindhoven region in the Netherlands. Previous research showed that these networks contribute to … regional economic development. This paper explores the mechanism through which this happens. Temporary innovation networks may …
Persistent link: https://www.econbiz.de/10011332406
The aim of this study is to clarify what factors affect the innovation activity of small and medium-sized enterprises … differences in innovation activities. Many studies show remarkable differences between branches. Additionally, the resources of … firms give an unequal starting point for innovation activities. Our study observed that the differences between regions were …
Persistent link: https://www.econbiz.de/10011332534