The innovative entrepreneur / Daniel F. Spulber.
"Innovative entrepreneurs are the prime movers of the economy. The innovative entrepreneur helps to overcome two types of institutional frictions. First, existing firms may not innovate efficiently due to incumbent inertia resulting from adjustment costs, diversification costs, the replacement...
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Full Text (via Cambridge) |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge :
Cambridge University Press,
2014.
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Table of Contents:
- 1. Introduction
- 2. Entrepreneurial motivation: maximizing life-cycle utility
- 3. Innovative advantage: entrepreneurial initiative and incumbent inertia
- 4. Competitive pressures and entrepreneurial incentives to innovate
- 5. Creative destruction: transaction costs and intellectual property rights
- 6. Creative destruction: making new combinations
- 7. Creative destruction: tacit knowledge
- 8. Creative destruction: asymmetric information
- 9. The wealth of nations: international trade and investment
- 10. Conclusion.