Showing 61 - 70 of 796,174
This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is...
Persistent link: https://www.econbiz.de/10010275025
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014391287
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014372477
In this paper we use the theoretical lens of resource and competence-based perspectives and global strategic network theories to analyze the effects of international R&D alliances on the performance of high-tech start-ups. In the empirical section of the paper we consider the European Union...
Persistent link: https://www.econbiz.de/10013069248
The aim of this paper is to analyze the effects of technological opportunities on the innovation activities of firms …, different innovation effects were empirically outlined for the German manufacturing industry for the first time. On the … innovation input side, the effects of science-related technological opportunities in combination with absorptive capacities …
Persistent link: https://www.econbiz.de/10010291710
shumpeterian theory of innovation as an evolutionary theory of the firm ante litteram …
Persistent link: https://www.econbiz.de/10005007320
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
This paper analyses the effects of innovation networks on product and pro-cess innovation and sales growth of high … technology SMEs. Innovation net-works are positively related to both product and process innovation, i.e. know-ledge creation …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …
Persistent link: https://www.econbiz.de/10010263806
Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will choose more risky projects than incumbents, aiming to reduce their high expected marginal commercialization cost. However, entrepreneurs may select too safe projects from a social...
Persistent link: https://www.econbiz.de/10010320328
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010877893