What Motivates Start-up Firms When Innovations are Sequential?

This paper presents a dynamic analysis of the interaction between incumbent firms and successful new entrepreneurs, that can provide R&D incentives when innovations are cumulative/sequential. It is argued that the insights of the basic model extend to varying market structures and regulatory env...

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Bibliographic Details
Main Author: Park, In-Uck
Format: Article
Language:English
Published: Korea Development Institute 2006-06-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://doi.org/10.23895/kdijep.2005.28.1.219
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spelling doaj-8237934e54574427a215a1c3ca21a7d32020-11-24T21:47:19ZengKorea Development InstituteKDI Journal of Economic Policy2586-29952586-41302006-06-0128121923110.23895/kdijep.2005.28.1.219What Motivates Start-up Firms When Innovations are Sequential?Park, In-Uck0Leverhulme Professor of Industrial Organization, Department of Economics, University of Bristol, U.KThis paper presents a dynamic analysis of the interaction between incumbent firms and successful new entrepreneurs, that can provide R&D incentives when innovations are cumulative/sequential. It is argued that the insights of the basic model extend to varying market structures and regulatory environments.https://doi.org/10.23895/kdijep.2005.28.1.219Sequential Innovation(순차적인 혁신)Patent(특허권)Venture Capital(위험부담자본)
collection DOAJ
language English
format Article
sources DOAJ
author Park, In-Uck
spellingShingle Park, In-Uck
What Motivates Start-up Firms When Innovations are Sequential?
KDI Journal of Economic Policy
Sequential Innovation(순차적인 혁신)
Patent(특허권)
Venture Capital(위험부담자본)
author_facet Park, In-Uck
author_sort Park, In-Uck
title What Motivates Start-up Firms When Innovations are Sequential?
title_short What Motivates Start-up Firms When Innovations are Sequential?
title_full What Motivates Start-up Firms When Innovations are Sequential?
title_fullStr What Motivates Start-up Firms When Innovations are Sequential?
title_full_unstemmed What Motivates Start-up Firms When Innovations are Sequential?
title_sort what motivates start-up firms when innovations are sequential?
publisher Korea Development Institute
series KDI Journal of Economic Policy
issn 2586-2995
2586-4130
publishDate 2006-06-01
description This paper presents a dynamic analysis of the interaction between incumbent firms and successful new entrepreneurs, that can provide R&D incentives when innovations are cumulative/sequential. It is argued that the insights of the basic model extend to varying market structures and regulatory environments.
topic Sequential Innovation(순차적인 혁신)
Patent(특허권)
Venture Capital(위험부담자본)
url https://doi.org/10.23895/kdijep.2005.28.1.219
work_keys_str_mv AT parkinuck whatmotivatesstartupfirmswheninnovationsaresequential
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