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Motivated by the recent reversal in labor productivity growth, this paper is analyzing the relationship between R&D expenditures and productivity. Time series data of the German manufacturing industry is used to estimate a variable cost function, with the stock of knowledge being modeled as a...
Persistent link: https://www.econbiz.de/10010291695
Persistent link: https://www.econbiz.de/10001727225
. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
Persistent link: https://www.econbiz.de/10009625140
This paper reviews empirical and theoretical work concerning the relationship between innovative activities of firms and the dynamics of industries. Stylized facts on industry evolution and the analysis of industrial dynamics in general are a first building block. This discussion just reflects a...
Persistent link: https://www.econbiz.de/10010291737
Empirical research in organizational ecology has mainly focused on analyzing founding and mortality rates using life history data of the organizations. We try to extend this approach in our study in a number of ways. In contrast to most empirical studies in organizational ecology, we chose a...
Persistent link: https://www.econbiz.de/10010262999
employment despite of innovation from employment via innovation. In the context of new innovation economics we model an …
Persistent link: https://www.econbiz.de/10010291721
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011742388
' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active … venture capitalists increases the incentives for entrepreneurial innovations. -- venture capitalists ; innovation …
Persistent link: https://www.econbiz.de/10003774795
under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …
Persistent link: https://www.econbiz.de/10003843246
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …
Persistent link: https://www.econbiz.de/10009530995