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claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10005137206
We present a theoretical framework which allows for the comparison of the effectiveness of tax measures, loans and funding, in supporting industry-oriented research. We estimate for each of the instruments the exact contribution required by a firm to decide on investing in R&D, given the costs...
Persistent link: https://www.econbiz.de/10008838599
Regions vary strongly according to the participation of firms in R&D activity. By linking data on R&D activity at the firm level with GIS based data on economic, and other location features of zones we are able to investigate the impact of local factors on R&D involvement for various types of...
Persistent link: https://www.econbiz.de/10005281751
effect of recombinant innovation of the two technologies. A mechanism of endogenous competition is described involving a … positive externality of increasing returns to investment which are counterbalanced by recombinant innovation. We determine … innovation. …
Persistent link: https://www.econbiz.de/10008838533
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network …
Persistent link: https://www.econbiz.de/10005137005
Knowledge drives the growth of nations and regions in a competitive space-economy. Hence, we would expect a strong correlation between investments in R&D, knowledge and learning processes, on the one hand, and productivity increases, on the other. However, the empirical evidence shows consistent...
Persistent link: https://www.econbiz.de/10004987436
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the decision to start R&D. Demand uncertainty is modelled as a lottery between a proportional increase and decrease in demand. Technical uncertainty is modelled as a lottery between a decrease and...
Persistent link: https://www.econbiz.de/10005016252
Job satisfaction of self-employed and paid-employed workers is analyzed using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e. job satisfaction in terms of type of work and job satisfaction in terms of...
Persistent link: https://www.econbiz.de/10008867504
Human capital obtained through education has been shown to be one of the strongest drivers of entrepreneurship … and/or higher quality universities with a positive effect on research and development (R&D) and knowledge spillovers … period of time. An implication of our novel finding is that entrepreneurship and higher education policies should be …
Persistent link: https://www.econbiz.de/10008916007
Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...
Persistent link: https://www.econbiz.de/10009147077