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growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …
Persistent link: https://www.econbiz.de/10010320415
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10009018021
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …
Persistent link: https://www.econbiz.de/10009024844
entrepreneurs' choice of riskiness (or quality) of an innovation project, and on their mode of commercializing the innovation … choose projects with inefficiently little risk. The same distortion does not arise when entrepreneurs sell their innovation …
Persistent link: https://www.econbiz.de/10011056208
entrepreneurs’ choice of riskiness (quality) of an innovation project, and on their mode of commercializing the innovation (market …
Persistent link: https://www.econbiz.de/10011083431
Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper … small and medium size enterprises (SMEs) in Poland were subjected to a survey. The data collected revealed the innovation … types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors …
Persistent link: https://www.econbiz.de/10010515542
Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper … small and medium size enterprises (SMEs) in Poland were subjected to a survey. The data collected revealed the innovation … types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors …
Persistent link: https://www.econbiz.de/10011145203
Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper … small and medium size enterprises (SMEs) in Poland were subjected to a survey. The data collected revealed the innovation … types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors …
Persistent link: https://www.econbiz.de/10011551435
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …
Persistent link: https://www.econbiz.de/10009399312
We examine the persistence of monopolies in markets with innovations when the outcome of research is uncertain. We show that for low success probabilities of research, the incumbent can seldom preempt the potential entrant. Then the efficiency effect outweighs the replacement effect. It is vice...
Persistent link: https://www.econbiz.de/10003862312