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light of modern theories on entrepreneurship. These were Schumpeter-type entrepreneurs who revolutionised the world of trade …
Persistent link: https://www.econbiz.de/10009188817
analysing entrepreneurship from a non-teleological approach that decouples the entrepreneurial act from the complex and … should open up a range of new areas to explore under the rubric of "entrepreneurship". We also hope to stimulate discussion … between entrepreneurship and new classical theorists, since, as we argue, there appear to be affinities between the approaches …
Persistent link: https://www.econbiz.de/10009188923
This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast,...
Persistent link: https://www.econbiz.de/10009191288
We extend the concept of first-mover advantage to the context of high-technology industries with multiple product generations, and propose that the notion of first-mover advantage needs to be viewed not only through a dynamic lens, but also in conjunction with technological capability. Our main...
Persistent link: https://www.econbiz.de/10009191447
Recent theoretical and empirical research on cognitive bias in decision making suggests that overoptimism critically influences entrepreneurs' decisions to establish and sustain new ventures. We investigate whether such cognitive bias influences entrepreneurial venture performance using data on...
Persistent link: https://www.econbiz.de/10009191461
At least since Schumpeter (1934 and 1942), researchers have been interested in identifying the dimensions of technology regimes that facilitate new firm formation as a mode of technology exploitation. Using data on 1,397 patents assigned to the Massachusetts Institute of Technology during the...
Persistent link: https://www.econbiz.de/10009191572
This paper contributes large-sample evidence to an emerging discussion on open innovation and firm strategy. We ask why a startup should participate in an open standards community. We propose four ways that participation might increase a startup's chances of a liquidity event: gaining...
Persistent link: https://www.econbiz.de/10009191630
This paper examines an economic theory of when employees become entrepreneurs. It jointly addresses the two fundamental questions of when employees generate innovations, and whether these innovations are developed as internal ventures or outside the firm. The model shows that if generating...
Persistent link: https://www.econbiz.de/10009191759
This study develops and tests a model examining the interrelationships and relative importance of management characteristics, business strategy and industry structure as influences on the performance of new, technology based companies. For a sample of 36 companies the founding managers had a...
Persistent link: https://www.econbiz.de/10009191916
In contrast to previous efforts to model an individual's movement from wage work into entrepreneurship, we consider …
Persistent link: https://www.econbiz.de/10009192023