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This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. By examining entrepreneurial ventures of ex-employees of firms with different R&D strategies three things emerge: First, firms with persistent R&D investments...
Persistent link: https://www.econbiz.de/10008552418
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008467316
social capital, entrepreneurship, incubation, and organizational learning literature, a conceptual model of the incubation of …
Persistent link: https://www.econbiz.de/10004982133
innovation activities captured by patent applications, firm characteristics, international trade and the regional milieu. …
Persistent link: https://www.econbiz.de/10004988933
The International Award for Entrepreneurship and Small Business Research was instituted in 1996, and it is now firmly … further: The name is changed to The Global Award for Entrepreneurship Research, the Prize sum is roughly doubled to 100 …
Persistent link: https://www.econbiz.de/10005419519
the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …
Persistent link: https://www.econbiz.de/10005419538
High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the...
Persistent link: https://www.econbiz.de/10005642466
. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield … concept. Numerous empirical studies have examined the effects of entrepreneurship, but few studies have been undertaken in … of this paper is to provide a critical overview of recent empirical research on the relationship between entrepreneurship …
Persistent link: https://www.econbiz.de/10005644970
policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … further our understanding of the determinants of entrepreneurial behavior and the economic effects of entrepreneurship. The …
Persistent link: https://www.econbiz.de/10005645286
Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or negative effects on overall productivity. Embedding central elements from these theories into a political economy framework reveals the bilateral causal relation between...
Persistent link: https://www.econbiz.de/10005645300