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The Innovative Entrepreneur

ISBN 9781107668119
REGISTERED: 06/13/18
UPDATED: 01/21/20
The Innovative Entrepreneur

The Innovative Entrepreneur Binding: Paperback Publisher: Cambridge Univ Pr Publish Date: 2014/06/16 Synopsis: "Innovative entrepreneurs are the prime movers of the economy

  • The Innovative Entrepreneur available on January 16 2017 from NeweggBusiness for 49.49
  • ISBN bar code 9781107668119 ξ1 registered January 16 2017
  • Product category is Book

  • # 9B-9781107668119

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 effect, and imperfect adjustment of expectations. The innovative entrepreneur compensates for incumbent inertia by embodying innovations in new firms that compete with incumbents. Second, markets for inventions maynot operate efficiently due to transaction costs, imperfect intellectual property protections, costs of transferring tacit knowledge, and imperfect information about discoveries. The innovative entrepreneur addresses inefficiencies in markets for inventions th...

    ^ The Innovative Entrepreneur, Cambridge Univ Pr. NeweggBusiness. (revised Jan 2017)

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