nep-ent New Economics Papers
on Entrepreneurship
Issue of 2007‒02‒03
five papers chosen by
Marcus Dejardin
Facultes Universitaires Notre-Dame de la Paix

  1. Panel Data Reduces Bias in Entry Models By Allan Collard-Wexler
  2. Regional Cooperation of Small & Medium Firms in Japanese Industrial Clusters By Arita, Tomokazu; Fujita, Masahisa; Kameyama, Yoshihiro
  3. Firms’ Strategies for Knowledge and Technology Transfer with Public Research Organisations and Their Impact on Firms’ Performance : An Empirical Analysis Based on Firm-level Data By Spyros Arvanitis; Martin Woerter
  4. Are Sunk Costs A Barrier To Entry? By Luis M.B. Cabral; Thomas Ross
  5. Verokannustimet yksityishenkilöiden riskipääomasijoitusten aktivoinnissa By Markku Maula

  1. By: Allan Collard-Wexler
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:ste:nystbu:06-26&r=ent
  2. By: Arita, Tomokazu; Fujita, Masahisa; Kameyama, Yoshihiro
    Abstract: This study examines the effects of intra-regional cooperation among firms and institutions on the growth of firms, using the unique data set of questionnaire survey collected in the three major industrial clusters in Japan. In contrast to the existing studies on regional innovations or agglomeration economies, this study explicitly focuses on the detailed contents of cooperative activities with two specific viewpoints: 1) the contents of regional cooperation in each of the three production stages of R&D, commercialization, and marketing, and 2) the detailed types of alliance partners. Our results demonstrate three points: 1) positive correlations are observed between the intensity of regional cooperation and the firm growth rate and R&D expenditure, 2) horizontal cooperation such as alliances with universities and cross-industry exchange organizations has positive significant effects on the growth rate of firms, which is in contrast with the previous studies that stressed only the role of vertically integrated inter-firm linkages in Japan, and 3) contents and partners of regional cooperation are different among the three clusters based on different dominant industries.
    Keywords: Industrial clusters, Industrial agglomeration, Knowledge externalities, Japan, Regional economic cooperation, Small and medium-scale enterprises, Research & development, Marketing, Commerce
    JEL: O18 O53 R3
    Date: 2006–12
    URL: http://d.repec.org/n?u=RePEc:jet:dpaper:dpaper18&r=ent
  3. By: Spyros Arvanitis (Swiss Institute for Business Cycle Research (KOF), Swiss Federal Institute of Technology Zurich (ETH)); Martin Woerter (Swiss Institute for Business Cycle Research (KOF), Swiss Federal Institute of Technology Zurich (ETH))
    Abstract: Based on a representative firm sample for Switzerland we empirically investigated strategic approaches for knowledge and technology transfer (KTT) activities between business firms and public research organisations. Based on cluster analysis of 19 different forms for KTT, three types of KTT strategies were identified, each of them correspond with a specific combination of some of the 19 different forms for KTT activities. It was found that they are determined mainly by variables related (a) to the absorptive capacity of a firm and (b) to the degree of appropriability of the returns of innovation, indicating that the followed strategy reflects the resource base of a firm. Further, it was shown that a firm’s obstacle profile with respect to KTT activities is related to the applied strategy. Firms with more intensive contacts emphasise risk-related factors and financial restrictions, while firms with less intensive contacts emphasise a mismatch between firm and university requirements with respect to KTT. Furthermore and most importantly, it was found that strategy matters for the impact of KTT on the innovation performance of a firm. In fact, KTT strategies related to the core R&D activities of a firm showed a greater impact compared to strategies related to ‘softer’ forms of transfer activities, e.g. informal contacts or education related contacts.
    Keywords: R&D strategies, knowledge and technology transfer, innovation activities, R&D activities
    JEL: O30
    Date: 2006–08
    URL: http://d.repec.org/n?u=RePEc:kof:wpskof:06-148&r=ent
  4. By: Luis M.B. Cabral; Thomas Ross
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:ste:nystbu:06-09&r=ent
  5. By: Markku Maula
    Abstract: Tax Incentives in Catalyzing Informal Venture Capital Investments Various approaches have been considered in Finland to catalyze new growth oriented innovative companies and to develop the functioning of the risk capital market. One approach suggested in several studies and public statements has been to consider creating tax incentives to catalyze informal venture capital investments. The purpose of this paper is to review existing research knowledge and international experiences on the use of tax incentives to catalyze informal venture capital. Based on current (still quite limited) research and experiences from many countries, well designed and targeted tax incentives can be assessed to have an important role in catalyzing informal venture capital investments. Tax incentives could improve the supply of risk capital needed in growth oriented young innovative companies and they could also strengthen the domestic ownership of Finnish companies. Furthermore, adoption of tax incentives to catalyze informal venture capital would also be seen as a clear and credible signal of positive change in the Govern-ment’s attitude towards growth-oriented entrepreneurship and thereby improve the entrepreneurship culture in Finland.
    JEL: G3 G32 G38 G24
    Date: 2007–01–23
    URL: http://d.repec.org/n?u=RePEc:rif:dpaper:1068&r=ent

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