Arbeitspapier / Forschungsbericht | 2013

Complementary Assets, Start-Ups and Incentives to Innovate

Autor(en)

Colombo, Luca ; Dawid, Herbert

Verlag

Bielefeld University, Department of Business Administration and Economics

DOI

10.4119/unibi/1861142

ISSN

2196-2723

URN

urn:nbn:de:0070-pub-18611425

URL

https://pub.uni-bielefeld.de/record/1861142

Weitere Details

Sprache

englisch

Darstellungsform

Text

Serie

Working Papers in Economics and Management

Band

07-2013

Seitenzahl

Schlagwörter

Complementary Assets , R&D Effort , Start-Up Creation , Tacit Knowledge , Technological Change

Link zum Volltext (intern)

https://pub.uni-bielefeld.de/record/1861142

DDC

330

In this paper we examine to what extent market conditions facilitating start-up
formation affect technical change and firms' profits. We consider a model in which
R&D efforts of an incumbent firm generate partly tacit technological know-how
embodied in a key R&D employee, who might use it to form a start-up. The
availability of complementary assets influences whether new firms are created and
determine expected profits for start-up-founders. A large availability of complementary
assets has the direct effect that the generation of start-ups is fostered.
However, as a strategic effect, the incentives of incumbent firms to invest in R&D
might be reduced because of the increased danger of knowledge loss occurring
through start-up formation. We fully characterize the effects of an increase in the
availability of complementary assets, showing under which conditions the effects
on innovative activities and industry profits are negative.

Zitierstile

Colombo L, Dawid H. Complementary Assets, Start-Ups and Incentives to Innovate. Working Papers in Economics and Management. Vol 07-2013. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2013.

In die Zwischenablage einfügen

Colombo, L., & Dawid, H. (2013). Complementary Assets, Start-Ups and Incentives to Innovate (Working Papers in Economics and Management, 07-2013). Bielefeld: Bielefeld University, Department of Business Administration and Economics. https://doi.org/10.4119/unibi/1861142

In die Zwischenablage einfügen

Colombo, Luca, and Dawid, Herbert. 2013. Complementary Assets, Start-Ups and Incentives to Innovate. Vol. 07-2013. Working Papers in Economics and Management. Bielefeld: Bielefeld University, Department of Business Administration and Economics.

In die Zwischenablage einfügen

Colombo, L., and Dawid, H. (2013). Complementary Assets, Start-Ups and Incentives to Innovate. Working Papers in Economics and Management, 07-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.

In die Zwischenablage einfügen

Colombo, L., & Dawid, H., 2013. Complementary Assets, Start-Ups and Incentives to Innovate, Working Papers in Economics and Management, no.07-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.

In die Zwischenablage einfügen

L. Colombo and H. Dawid, Complementary Assets, Start-Ups and Incentives to Innovate, Working Papers in Economics and Management, vol. 07-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013.

In die Zwischenablage einfügen

Colombo, L., Dawid, H.: Complementary Assets, Start-Ups and Incentives to Innovate. Working Papers in Economics and Management, 07-2013. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2013).

In die Zwischenablage einfügen

Colombo, Luca, and Dawid, Herbert. Complementary Assets, Start-Ups and Incentives to Innovate. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013. Working Papers in Economics and Management. 07-2013.

AMA

APA (6th ed.)

Chicago

Frontiers

Harvard

IEEE

LNCS

MLA