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The global entrepreneurship index (GEINDEX)

Ács, Zoltán J.; Szerb, László - 2009

drive innovation. …

Persistent link: https://www.econbiz.de/10010266685

Penetrating the knowledge filter in "rust-belt" economies

Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2008

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

Persistent link: https://www.econbiz.de/10010270590

Demography and innovative entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10010263837

Incumbent innovation and entry by spinoff

Falck, Oliver; Heblich, Stephan - 2008

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …

Persistent link: https://www.econbiz.de/10010266671

Creating strategic advantage through entrepreneurial governance in new ventures

Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007

An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...

Persistent link: https://www.econbiz.de/10010263845

Employment growth of new firms

Stam, Erik; Gibcus, Petra; Telussa, Jennifer; Garnsey, … - 2008

This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...

Persistent link: https://www.econbiz.de/10010263862

Who starts with open source? Institutional choice of start-ups in the German ICT sector

Fritsch, Michael; von Engelhardt, Sebastian - 2010

We analyze the characteristics of new businesses in the German ICT industry, distinguishing them based on their choice between two IPR regimes: open source software (OSS) or closed source software (CSS). The share of new firms with an OSS-based business model has increased considerably over the...

Persistent link: https://www.econbiz.de/10010286478

Prior knowledge and entrepreneurial innovative success

Cantner, Uwe; Goethner, Maximilian; Meder, Andreas - 2007

first hint towards the importance of collective innovation activities. …

Persistent link: https://www.econbiz.de/10010263810

Entrepreneurship and innovation policy

Stam, Erik - 2008

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/10010263861

Financial signalling by innovative nascent entrepreneurs

Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - 2009

innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …

Persistent link: https://www.econbiz.de/10010266651