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where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …
Persistent link: https://www.econbiz.de/10005419514
where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …
Persistent link: https://www.econbiz.de/10010320264
Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will …, entrepreneurs may select too safe projects from a social point of view, since they do not internalize the business stealing effect … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …
Persistent link: https://www.econbiz.de/10009625140
One way by which microentrepreneurs can increase their ability to take debt is to take equity alongside, thus respecting prudent ratios and reducing stress. But microequity has not developed in most of the developing world. At the same time, since 1983, microequity has been started in France...
Persistent link: https://www.econbiz.de/10013037016
This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182 … its effects on firm performance. Our results reveal that solo entrepreneurs and new venture teams do not differ in their … find that weak ties assist solo entrepreneurs and have positive significant effects on new venture performance. For team …
Persistent link: https://www.econbiz.de/10010271190
The remarkable influx of Chinese migrant entrepreneurs in West Africa has been met with growing resistance from … established African entrepreneurs. Whether the Chinese have a competitive edge over Africans because of distinctive sociocultural … exist trading diasporas which have a generally enhanced innovative capacity vis-àvis local entrepreneurs, regardless of the …
Persistent link: https://www.econbiz.de/10011346056
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...
Persistent link: https://www.econbiz.de/10008865973
Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will …, entrepreneurs may select too safe projects from a social point of view, since they do not internalize the business stealing effect … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …
Persistent link: https://www.econbiz.de/10010818447
G23; G24; J15; J61; L5; L26; M12; M13; O31; O32; R11 </AbstractSection> Copyright Nathan; licensee Springer. 2014
Persistent link: https://www.econbiz.de/10010998403
orientated towards the demand side. This is because experienced entrepreneurs with superior skills in terms of judging the …
Persistent link: https://www.econbiz.de/10010901994