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empirically by linking data on innovation and exits for a large sample of manufacturing firms in the Netherlands. The results show …This paper examines the effect of innovation on the risk of exit of a firm, distinguishing between different modes of … exits. Innovation represents a resource and a capability that helps a firm to build competitive advantage and remain in the …
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, and will additionally drive more in-house innovation at the big firms and less external innovation. Similarly, these … prohibitions on later-stage acquisitions are shown to reduce the returns to innovation, reducing technological advancement in the …
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through a database of 6,271 founding entrepreneurs from North America, Europe, and Asia. We compare and contrast founders who … of the founding entrepreneur’s choice to exit the firm after acquisition …
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