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. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
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sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward … ; Innovation ; Venture Capital …
Persistent link: https://www.econbiz.de/10003809049
growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …
Persistent link: https://www.econbiz.de/10013091094
This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have incentives to choose projects with higher risk and a higher potential in order to reduce expected commercialization costs. However, entrepreneurs may still select too safe projects from...
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-seeking governments. -- Entrepreneurship ; Regulation ; Innovation ; Market Integration ; Lobbying …
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