Incumbent innovation and entry by spinoff

Research, Preprint English OPEN
Oliver Falck; Stephan Heblich;
(2008)
  • Publisher: Universität Jena und Max-Planck-Institut für Ökonomik Jena
  • Subject: Innovation | O3 | Deutschland | Innovation, Entry, Spinoff | Innovationswettbewerb | spinoff | M13 | L16 | Betriebsaufspaltung | entry | Unternehmensgründung | Theorie
    • jel: jel:O3 | jel:L16 | jel:M13
      ddc: ddc:330

This paper takes a different perspective toward the escape entry incentive of incumbent firms to innovate. New entrants spawned from incumbents are not necessarily a threat; they can complement incumbents' production by commercializing knowledge incumbents are not willi... View more
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