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greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key … that the creation and survival of innovative start-ups should become one qualifying point of the economic policy agenda. … startups survive longer than their non-innovative counterparts. In this framework, our own empirical analysis shows that …
Persistent link: https://www.econbiz.de/10011479251
What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an … overview of theory and empirical research on the relation between entrepreneurship, innovation and economic growth. The paper …
Persistent link: https://www.econbiz.de/10010263861
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10010263536
In this study we investigate the factors that shape the attitudes of scientists toward starting their own business or working in a private sector firm. The analysis is based on data collected from scientists working in the German Max Planck Society, a research institution devoted to basic...
Persistent link: https://www.econbiz.de/10010267108
catchers, Sethu developed an innovative new trap. His innovation won the prestigious Global Development Marketplace award from …
Persistent link: https://www.econbiz.de/10010263796
Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across … and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have … restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a …
Persistent link: https://www.econbiz.de/10010330094
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …
Persistent link: https://www.econbiz.de/10011816466
We are grateful for the comments to our article, and for the opportunity to respond to them. In our original contribution, we argued that the application of the EOE perspective could help make Austrian economics more concrete, relevant and persuasive, especially regarding policy prescriptions....
Persistent link: https://www.econbiz.de/10012145510
We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which …
Persistent link: https://www.econbiz.de/10012145531
manufacturing. Results from our structural models indicate that KIS firms benefit from innovation activities through increased labor … productivity with highly skilled employees being similarly important compared to R&D for creating innovation output in microfirms …. Moreover, the firm size advantage of large firms found for manufacturing almost disappears in KIS, with start-ups and young …
Persistent link: https://www.econbiz.de/10012294269