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When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011917062
of invention, innovation (commercialization) and imitation. We show why there is a rationale for the Schumpeterian … entrepreneur to also include the inventor in the innovation process. In addition, we provide a framework where the theories of … possibilities of successful commercialization since the inventor may further adapt the innovation to customer needs, transmit …
Persistent link: https://www.econbiz.de/10010320081
and direction of innovation in that software development is a core part of innovation activities in firms across a wide …-level survey data on the frequency and nature of software development among firms in Sweden, matched with the Community Innovation … Survey (CIS). We find robust evidence supporting a software-bias in innovation in that software development is associated …
Persistent link: https://www.econbiz.de/10012615415
innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …
Persistent link: https://www.econbiz.de/10012615417
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …
Persistent link: https://www.econbiz.de/10010504476
Does the matching between workers and jobs help explain productivity differentials across firms? To address this question we develop a job-worker allocation quality measure (JAQ) by combining employer-employee administrative data with machine learning techniques. The proposed measure is...
Persistent link: https://www.econbiz.de/10013330006
The existence of parallel imports (PI) raises a number of interesting policy and strategic questions, which are the subject of this survey article. For example, parallel trade is essentially arbitrage within policy-integrated markets of IPR-protected goods, which may have different prices across...
Persistent link: https://www.econbiz.de/10010320086
innovative and evasive features. The platform was a radical, widely applied innovation that transformed the Internet landscape …
Persistent link: https://www.econbiz.de/10011442487
complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for …-firm innovation network. We build an extended inter-firm n-player game based on nonidealized conditions, describe four investment … strategies and simulate the strategies on an inter-firm innovation network in order to compare their performance. By analyzing …
Persistent link: https://www.econbiz.de/10011442489
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011442493