Showing 1 - 10 of 46
and innovation within the German economy. …
Persistent link: https://www.econbiz.de/10005765287
arguable made the transition to an entrepreneurial economy in which innovation, creativity and high value added in early stage …
Persistent link: https://www.econbiz.de/10010712075
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010698829
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions we suggest lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent...
Persistent link: https://www.econbiz.de/10005760567
Uncertainty varies strongly over time, rising by 50% to 100% in recessions and by up to 200% after major economic and political shocks. This paper shows that higher uncertainty reduces the responsiveness of R&D to changes in business conditions - a "caution-effect" - making it more persistent...
Persistent link: https://www.econbiz.de/10010616079
The purpose of this paper is to introduce a series of articles on the linksbetween innovation, the evolution of … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … the former, while the continental Europeans have chosen thelatter. The purpose the thirteen articles of Innovation …
Persistent link: https://www.econbiz.de/10011256687
The purpose of this paper is to identify and unravel the disparate views toward innovation prevalent within the … thinking about the economy in general and the role of entrepreneurship and innovation in particular, not only shape how … innovation and entrepreneurial activity are valued, but also the overall policy debate concerning innovation and entrepreneurship …
Persistent link: https://www.econbiz.de/10009366248
long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional "trapped factor" effect. Starting …
Persistent link: https://www.econbiz.de/10010747939
External finance is a central issue for innovative nascent ventures. In this study, we argue that innovative nascent ventures may use patents to signal appropriability and prototypes to signal feasibility to potential investors. Using new data on 906 nascent ventures, we find that nascent...
Persistent link: https://www.econbiz.de/10011046471