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Unraveling the shift to the entrepreneurial economy
Audretsch, David B.; Thurik, Adriaan R. - 2011 - Current version: April 2011
economy. In particular, the empirical evidence provides consistent support that (1) the role of entrepreneurship has … may be that the current approach to entrepreneurship policy is misguided. The priority should not be on entrepreneurship …
Persistent link: https://www.econbiz.de/10011381042
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Why entrepreneurs choose risky R&D projects : but still not risky enough
Färnstrand Damsgaard, Erika; Norbäck, Pehr-Johan; … - 2012
. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. Using Swedish patent citation data, we find empirical support for predictions of the model …
Persistent link: https://www.econbiz.de/10009625140
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The organization of the innovation industry : entrepreneurs, venture capitalists and oligopolists
Norbäck, Pehr-Johan; Persson, Lars - 2009
cost advantages, or if development is associated with double moral hazard problems. -- Acquisitions ; Entrepreneurship …
Persistent link: https://www.econbiz.de/10003809049
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Chandlerian firms vs. entrepreneurship
Gambardella, Alfonso (contributor);  … - 2004
; Entrepreneurship ; Diversification ; Technology …
Persistent link: https://www.econbiz.de/10003212607
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Why big data can make creative destruction more creative - but less destructive
Norbäck, Pehr-Johan; Persson, Lars - 2023
preferable since it stimulates creative entrepreneurship. …
Persistent link: https://www.econbiz.de/10014232974
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Growth and survival of the "fitter"? : evidence from US new-born firms
Dosi, Giovanni; Pugliese, Emanuele; Santoleri, Pietro - 2017
We examine market selection mechanisms and their strength for a representative cohort of US new independent firms. In particular, we explore whether and how effectively markets reward newly-born firms according to their "fitness" in terms of both labour productivity and profitability. Our...
Persistent link: https://www.econbiz.de/10011610241
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Turbulence, flexibility and performance of the long-lived small firm
Power, Bernadette; Reid, Gavin C. - 2003
This paper focuses on a new concern in the small firm’s literature, namely what makes a small firm stay in business for a long time. It reflects a change in economic policy, away from an emphasis on volume of start-ups to an emphasis on quality of start-ups. The basic hypothesis is that...
Persistent link: https://www.econbiz.de/10011333898
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Verifying high quality : entry for sale
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2017
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011742388
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Establishment survival in East and West Germany : a comparative analysis
Fackler, Daniel - 2014
Using a large administrative dataset and methods of survival analysis, I analyze for the period 1994-2008 whether new establishments’ survival chances differ between East and West Germany and whether they converged over time. I find that new establishments in East Germany had relatively good...
Persistent link: https://www.econbiz.de/10010238221
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Venture capitalists, asymmetric information and ownership in the innovation process
Fabrizi, Simona (contributor) - 2008
In this paper we construct a model in which entrepreneurial innovations are sold into oligopolistic industries and where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as exacerbated development by better-informed venture-backed...
Persistent link: https://www.econbiz.de/10003774795