. However, the best strategy for innovative entrepreneurs might be to make an early entry to signal innovation quality and …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …

entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property … them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in … increasing the rate of entrepreneurial innovation. -- Entrepreneurs ; Innovation ; Commercialization ; Intellectual property law …

under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …

sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward … ; Innovation ; Venture Capital …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …