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by spinoffs does, indeed, have a positive impact on incumbent innovation. -- Innovation ; entry ; spinoff …This paper takes a different perspective toward the escape entry incentive of incumbent firms to innovate. New entrants … incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities …
entry by spinoffs does, indeed, have a positive impact on incumbent innovation. …This paper takes a different perspective toward the escape entry incentive of incumbent firms to innovate. New entrants … incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities …
project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …
Die Gründung eines innovativen Unternehmens stellt eine Form der kommerziellen Verwer-tung von Wissen dar. Der Beitrag gibt einen Überblick über Ausmaß von Gründungen in wis-sensintensiven bzw. innovativen Branchen und deren Entwicklung. Da die Gründung eines Unternehmens wesentlich durch...
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show … under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …
Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic...
Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …
das Mutterunternehmen. Unsere Datenbasis umfasst etwa 2.500 junge Unternehmen des verarbeitenden Gewerbes in Deutschland …Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. -- Corporate …
. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents....