This paper constructs an equilibrium model of entrepreneurial innovation where individuals differ in their attitude … toward uncertainty.Unlike previous models of innovation, the firm-formation process is endogenous.An entrepreneur, who owns …'s willingness to work with the uncertain technology.The general equilibrium setting allows us to explore the impact of innovation on …

The literature on entrepreneurship recognizes a variety of entrepreneurial roles, and the question arises what roles … are played when and by whom.In this article, roles are attributed to different stages of innovation and organizational … development.A central theme is the relation between discontinuity, in radical innovation (exploration), and continuity, in …

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …

This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition … collaboration between firms, for learning and innovation, in the combination of capabilities between rather than within the firm …

This paper examines the relationship between competition, innovation and productivity for the Netherlands. We use … innovation data from Community Innovation Survey with accounting data to link innovative activities with performance at the … through more innovation. Nonetheless, there exists an inverted U- curve between competition and innovation for the Netherlands …

-creating takeovers and increase innovation and do not induce agency con icts of managerial entrenchment. This implies that for innovative …

In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology …-based alliances.The key finding is that the hypothesis of an inverted U-shaped effect of cognitive distance on innovation performance …