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Creativity and the Family Tree: Human Capital Endowments and the Propensity of Entrepreneurs to Patent
Link, Albert N.; Ruhm, Christopher - National Bureau of Economic Research (NBER) - 2011
In this paper we show that the patenting behavior of creative entrepreneurs is correlated with the patenting behavior of their fathers, which we refer to as a source of the entrepreneurs' human capital endowments. Our argument for this relationship follows from established theories of...
Persistent link: https://www.econbiz.de/10009323429
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Firms and the Economics of Skilled Immigration
Kerr, Sari Pekkala; Kerr, William R.; Lincoln, William F. - National Bureau of Economic Research (NBER) - 2014
to fostering innovation. …
Persistent link: https://www.econbiz.de/10010969384
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Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program
Link, Albert N.; Ruhm, Christopher; Siegel, Donald S. - National Bureau of Economic Research (NBER) - 2012
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …
Persistent link: https://www.econbiz.de/10010951404
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Financing Innovation
Kerr, William R.; Nanda, Ramana - National Bureau of Economic Research (NBER) - 2014
We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs. …
Persistent link: https://www.econbiz.de/10011071740
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Star Scientists, Innovation and Regional and National Immigration
Zucker, Lynne; Darby, Michael R. - National Bureau of Economic Research (NBER) - 2007
We follow the careers 1981-2004 of 5401 star scientists listed in ISI HighlyCitedSM as most highly cited by their peers. Their number in a US region or a top-25 science and technology (S&T) country significantly increases the probability of firm entry in the S&T field in which they are working....
Persistent link: https://www.econbiz.de/10005829811
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US Faculty Patenting: Inside and Outside the University
Thursby, Jerry; Fuller, Anne; Thursby, Marie - National Bureau of Economic Research (NBER) - 2007
This paper examines the empirical anomaly that in a sample of 5811 patents on which US faculty are listed as inventors, 26% of the patents are assigned solely to firms rather than to the faculty member's university as is dictated by US university employment policies or the Bayh Dole Act. In this...
Persistent link: https://www.econbiz.de/10005049865
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Urban Economics and Entrepreneurship
Glaeser, Edward Ludwig; Strange, William C.; Rosenthal, … - National Bureau of Economic Research (NBER) - 2009
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment … dedicated to the geography of entrepreneurship. The paper frames the core questions facing researchers interested in assessing … the local causes and consequences of entrepreneurship, perturbs a core urban model to incorporate entrepreneurship, and …
Persistent link: https://www.econbiz.de/10008548809
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The Circulation of Ideas in Firms and Markets
Hellmann, Thomas; Perotti, Enrico - National Bureau of Economic Research (NBER) - 2011
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008919712
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Labor Regulations and European Private Equity
Bozkaya, Ant; Kerr, William R. - National Bureau of Economic Research (NBER) - 2009
European nations substitute between employment protection regulations and labor market expenditures (e.g., unemployment insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor adjustments than other labor insurance mechanisms....
Persistent link: https://www.econbiz.de/10008624615
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The Consequences of Entrepreneurial Finance: A Regression Discontinuity Analysis
Lerner, Josh; Schoar, Antoinette; Kerr, William R. - National Bureau of Economic Research (NBER) - 2010
This paper documents the role of angel funding for the growth, survival, and access to follow-on funding of high-growth start-up firms. We use a regression discontinuity approach to control for unobserved heterogeneity between firms that obtain funding and those that do not. This technique...
Persistent link: https://www.econbiz.de/10008628350