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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/10005032026
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/10005729442
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/10010840013
Innovation has become a central theme and challenge in the literature of entrepreneurship, SMEs management, and … approach to entrepreneurship and innovation. In this paper we address the innovation strategies of SMEs engaged in the … strategic knowledge management and in the literature of organizational learning. Innovation needs a business environment that is …
Persistent link: https://www.econbiz.de/10011111092
Entrepreneurship involves innovation and uncertainty. We outline a theory of entrepreneurship, which highlights the … importance of social networks in promoting innovation and reducing uncertainty. Our findings suggest that this “social” aspect of … entrepreneurship increases the probability of entrepreneurial success. The results also lend credence to theories of entrepreneurship …
Persistent link: https://www.econbiz.de/10010990965
Although many economists do a serious and respectable work, main stream economic theory contains an almost complete disregard for the importance of social, cultural and political structures which are the very foundation of the society. Worse than that, such disregard is developed into arrogance...
Persistent link: https://www.econbiz.de/10008540105
Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq … positive relationship between measures of fundamental innovation, labour productivity and GDP per capita across OECD countries …. The authors paint a nuanced portrait of Canada's innovation performance. The existence of an innovation gap with the …
Persistent link: https://www.econbiz.de/10005481859
attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …
Persistent link: https://www.econbiz.de/10011166176
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10005098291
Political activism positively affects firm innovation. Firms that support more politicians, politicians on … activism on innovation. The results are consistent with the hypothesis that political activism is valuable because it helps … reduce policy uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that …
Persistent link: https://www.econbiz.de/10011147717