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Incentives for Academic Entrepreneurship and Economic Performance: Sweden and the United States

Henrekson, Magnus; Rosenberg, Nathan - Institutet för Näringslivsforskning (IFN) - 2000

The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....

Persistent link: https://www.econbiz.de/10005419527

An Innovation Policy Framework: Bridging the Gap between Industrial Dynamics and Growth

Braunerhjelm, Pontus; Henrekson, Magnus - Institutet för Näringslivsforskning (IFN) - 2015

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … accumulation, investment, and upgrading of knowledge and (ii) the implementation of mechanisms that enable knowledge to be … exploited such that growth and societal prosperity are encouraged. Knowledge is a necessary but far from sufficient condition …

Persistent link: https://www.econbiz.de/10011118578

Human capital, product market power and economic growth

BUCCI, Alberto - Dipartimento di Economia, Management e Metodi … - 2004

We build a generalised growth model of horizontal product innovation with human capital accumulation in which the … within a framework where innovation is both horizontal and deterministic and economic growth is driven by private incentives …

Persistent link: https://www.econbiz.de/10005007229

When Romer meets Lucas: On human capital, imperfect competition and growth

Bucci, Alberto - Dipartimento di Economia, Management e Metodi … - 2002

This paper studies the economic determinants of the inter-sectoral allocation of skills within an R&Dbased growth model with human capital accumulation. I find that steady-state growth is driven only by incentives to accumulate skills and is independent of scale effects. In the model imperfect...

Persistent link: https://www.econbiz.de/10005007240

R&D, imperfect competition and growth with human capital accumulation

Bucci, Alberto - Dipartimento di Economia, Management e Metodi … - 2003

This paper studies the long-run consequences of imperfect competition on growth and the sectoral distribution of skills within an R&D-based growth model with human capital accumulation. We find that steady-state growth is driven only by incentives to accumulate skills. In the model imperfect...

Persistent link: https://www.econbiz.de/10005007407

Entrepreneurial Innovations, Competition and Competition Policy

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2006

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

Acquisitions, Entry and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - Institutet för Näringslivsforskning (IFN) - 2011

more important when there is an increase in network effects. A consequence is higher innovation incentives under an … reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. …

Persistent link: https://www.econbiz.de/10008919575

Cost Reducing Innovations and Endogenous Spillovers

Nyberg, Sten - Institutet för Näringslivsforskning (IFN) - 1991

No abstract.

Persistent link: https://www.econbiz.de/10010685070

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - Institutet för Näringslivsforskning (IFN) - 2009

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...

Persistent link: https://www.econbiz.de/10004964394

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2004

The starting point of this paper is that the exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent...

Persistent link: https://www.econbiz.de/10005645429