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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10010263837
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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10010264224
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Incumbent innovation and entry by spinoff
Falck, Oliver; Heblich, Stephan - 2008
incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …
Persistent link: https://www.econbiz.de/10010266671