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Entrepreneurial Spillovers from Corporate R&D

Babina, Tania - 2018

This paper studies how corporate research and development (R&D) investment affects labor mobility. We use employer-employee matched data in ordinary least squares and instrumental variables analyses to assess four hypotheses. R&D has no effect on worker retention, exit from employment, or...

Persistent link: https://www.econbiz.de/10012906454

Youth Drain, Entrepreneurship and Innovation

Anelli, Massimo - 2020

Migration outflows, especially of young people, may deprive an economy of entrepreneurial energy and innovative ideas. We exploit exogenous variation in emigration from Italian local labor markets to show that between 2008 and 2015 larger emigration flows reduced firm creation. The decline...

Persistent link: https://www.econbiz.de/10012839784

Immigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector

Brown, J. David - 2019

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

Persistent link: https://www.econbiz.de/10012892563

What is a Patent Worth? Evidence from the U.S. Patent “Lottery”

Farre-Mensa, Joan - 2017

quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …

Persistent link: https://www.econbiz.de/10012960171

Fire in the Belly? Employee Motives and Innovative Performance in Startups Versus Established Firms

Sauermann, Henry - 2017

concerned with the supply of human capital to entrepreneurship and innovation …

Persistent link: https://www.econbiz.de/10012964403

Clusters of Entrepreneurship and Innovation

Chatterji, Aaron - 2014

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …

Persistent link: https://www.econbiz.de/10013063998

University Entrepreneurship and Professor Privilege

Färnstrand Damsgaard, Erika - 2014

This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh Dole Act gives universities the right to own inventions from publicly funded research,...

Persistent link: https://www.econbiz.de/10013066279

The Circulation of Ideas in Firms and Markets

Hellmann, Thomas F. - 2014

Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...

Persistent link: https://www.econbiz.de/10013068289

Innovative Growth Accounting

Klenow, Peter; Li, Huiyu - 2022

Recent work highlights a falling entry rate of new firms and a rising market share of large firms in the United States. To understand how these changing firm demographics have affected growth, we decompose productivity growth into the firms doing the innovating. We trace how much each firm...

Persistent link: https://www.econbiz.de/10013323481

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe; Blundell, Richard W.; Griffith, Rachel; … - 2021

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

Persistent link: https://www.econbiz.de/10013228275