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The impact of market size and users' sophistication on innovation: the patterns of demand and the technology life cycle

Guerzoni, Marco - 2007

on demand and innovation, theory still lacks a comprehensive analytical formulation. This paper proposes a model where …

Persistent link: https://www.econbiz.de/10010263802

Measuring regional innovativeness: a methodological discussion and an application to one German industry

Broekel, Tom; Brenner, Thomas - 2007

The regional or national innovation performance has been repeatedly measured in the literature; but it has so far not been discussed what this means, especially in relation to a region. What is the contribution of a region to innovation output? The usual approaches implicitly assume that higher...

Persistent link: https://www.econbiz.de/10010263819

Moral hazard and clear conscience

Miettinen, Topi - 2007

We consider guilt averse agents and principals and study the effects of guilt on optimal behavior of the principal and the agent in a moral hazard model. The principal's contract proposal contains a target effort in addition to the monetary incentive scheme. By accepting the agreement, the...

Persistent link: https://www.econbiz.de/10010263824

Cluster life cycles: dimensions and rationales of cluster development

Menzel, Max-Peter; Fornahl, Dirk - 2007

We present a model that explains how a cluster moves through a life cycle and why this movement differs from the industry life cycle. The model is based on three key processes: the changing heterogeneity in the cluster describes the movement of the cluster through the life cycle; the geographical...

Persistent link: https://www.econbiz.de/10010263831

Firms' differential innovative success and market dynamics

Cantner, Uwe - 2007

This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...

Persistent link: https://www.econbiz.de/10010263832

Growth, development and structural change of innovator networks: the case of Jena

Cantner, Uwe; Graf, Holger - 2007

central to a theory of network evolution. Especially, we focus on the growth of innovator networks and their structural change …

Persistent link: https://www.econbiz.de/10010263834

Your conscience you must keep, or it must be kept for you

Rai, Birendra K. - 2007

Parents in several cultures 'discipline' their daughters to inculcate the supposedly feminine virtues. The measures taken by parents range from the benign to the brutal across societies. The paper formalizes the idea that this process can be understood as an equilibrium outcome of a signaling...

Persistent link: https://www.econbiz.de/10010263838

Generalized contest success functions

Rai, Birendra K.; Sarin, Rajiv - 2007

The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. The existing axiomatizations of CSFs assume that contestants can make only one type of investment. This paper generalizes these axiomatizations to the case where each...

Persistent link: https://www.econbiz.de/10010263839

Creating strategic advantage through entrepreneurial governance in new ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007

agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This … managerial incentives with the owners' goals, as agency theory predicts, it also grants top managers residual control rights to … subsequent competitive advantage. This theory of entrepreneurial governance is tested using patent ownership as a proxy for both …

Persistent link: https://www.econbiz.de/10010263845

Do public banks have a competitive advantage?

Matthey, Astrid - 2007

Private banks often blame state guarantees to distort competition by giving public banks the advantage of lower funding costs. In this paper I show that if borrowers perceive the public bank as supporting economic development, private banks may be able to separate firms by self selection, enter...

Persistent link: https://www.econbiz.de/10010263847