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The Radical Innovation Investment Decision Refined
Bilkic, Natasa; Gries, Thomas; Naudé, Wim - Institute for the Study of Labor (IZA) - 2013
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …
Persistent link: https://www.econbiz.de/10010791525
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Skill Variety, Innovation and New Business Formation
Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Institute for the Study of Labor (IZA) - 2014
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010884235
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The radical innovation investment decision refined
Bilkic, Natasa; Gries, Thomas; Naudé, Wim A. - 2013
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …
Persistent link: https://www.econbiz.de/10010293106
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Skill Variety, Innovation and New Business Formation
Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - 2014
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010328895
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Artificial Intelligence, Jobs, Inequality and Productivity: Does Aggregate Demand Matter?
Gries, Thomas; Naudé, Wim - 2018
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011984565
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Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures
Gries, Thomas; Naudé, Wim - 2020
whether extreme events can positively impact (some) entrepreneurship and innovation. Based on this, we propose a partial …
Persistent link: https://www.econbiz.de/10012322634