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' 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
As cities increasingly become centers of economic growth and innovation, there is a need to understand their inner …
Persistent link: https://www.econbiz.de/10011657494
The surplus that is created in a successful entrepreneurial venture is much higher than the profit corresponding to the risk-adjusted market rate of return. The part of the surplus that exceeds this level may be denoted "entrepreneurial rent." Such rents normally disappear in the long run but...
Persistent link: https://www.econbiz.de/10011489999
-seeking governments. -- Entrepreneurship ; Regulation ; Innovation ; Market Integration ; Lobbying …
Persistent link: https://www.econbiz.de/10003872569
This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent's pro t increase from innovation is large and the patented technology has a small advantage over the alternative …
Persistent link: https://www.econbiz.de/10003809132
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. -- Acquisitions … ; commercialization ; compatibility ; entry ; network effects ; innovation ; R&D ; regulation. …
Persistent link: https://www.econbiz.de/10008936956
Persistent link: https://www.econbiz.de/10003375026
Persistent link: https://www.econbiz.de/10003398271