nep-tid New Economics Papers
on Technology and Industrial Dynamics
Issue of 2006‒01‒29
seven papers chosen by
Roberto Fontana
Universita Bocconi

  1. Knowledge Integration and Network Formation. By Müge Ozman
  2. The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists By Norbäck, Pehr-Johan; Persson, Lars
  3. Patents and Technological Change - A Review with Focus on the FEPOCI Database By Tuomo Nikulainen; Mika Pajarinen; Christopher Palmberg
  4. Top Research Productivity and its Persistence By Kelchtermans, Stijn; Veugelers, Reinhilde
  5. Analyzing Entrepreneurship with the Finnish Linked Employer-Employee Data (FLEED).Matching and qualitative properties of the data By Mika Maliranta; Satu Nurmi
  6. Academic Spin-offs in Finnish Biotechnology. By Antti-Jussi Tahvanainen
  7. ETLA 2004 Survey on the Finnish Biotechnology Industry By Raine Hermans; Martti Kulvik; Antti-Jussi Tahvanainen

  1. By: Müge Ozman
    Abstract: In this paper, we highlight how inter-firm collaboration networks are influenced by the knowledge composition of goods in an industry. For this purpose, we carry out an agent based simulation study in which firms integrate their competencies under different knowledge base regimes. In this way networks form. The results reveal that, knowledge regime significantly influences the network structure, and interaction among firms is very intensive when the products are specialized but also have common knowledge among them.
    Date: 2006
  2. By: Norbäck, Pehr-Johan; Persson, Lars
    Abstract: Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects. This will increase the price for basic innovations, thereby triggering more such innovations by entrepreneurs. Consequently, a venture capital market implies that more innovations are created, and that these become better developed. Moreover, we show that to exist in equilibrium, venture capitalist must be substantially more efficient, otherwise incumbents will preempt venture capitalists entering the market by acquiring basic innovations
    Keywords: acquisitions; entrepreneurship; innovation; venture capital
    JEL: G24 L1 L2 M13 O3
    Date: 2006–01
  3. By: Tuomo Nikulainen; Mika Pajarinen; Christopher Palmberg
    Keywords: patents, citations, innovation, technological change, Finland
    Date: 2005–05–26
  4. By: Kelchtermans, Stijn; Veugelers, Reinhilde
    Abstract: The paper contributes to the debate on cumulative advantage effects in academic research by examining top performance in research and its persistence over time, using a panel dataset comprising the publications of biomedical and exact scientists at the KU Leuven in the period 1992-2001. We study the selection of researchers into productivity categories and analyse how they switch between these categories over time. About 25% achieves top performance at least once, while 5% is persistently top. Analysing the hazard to first and subsequent top performance shows strong support for an accumulative process. Rank, gender, hierarchical position and past performance are highly significant explanatory factors.
    Keywords: economics of science; hazard models; research productivity
    JEL: J24 L31 O31 O32
    Date: 2006–01
  5. By: Mika Maliranta; Satu Nurmi
    JEL: L10 M13
    Date: 2004–08–09
  6. By: Antti-Jussi Tahvanainen
    Date: 2004–03–15
  7. By: Raine Hermans; Martti Kulvik; Antti-Jussi Tahvanainen
    Date: 2005–04–27

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