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Full-Text Articles in Social and Behavioral Sciences

The Impact Of Uncertainty Intellectual Property Rights On The Market For Ideas: Evidence From Patent Grant Delays, Joshua S. Gans, David H. Hsu, Scott Stern Apr 2007

The Impact Of Uncertainty Intellectual Property Rights On The Market For Ideas: Evidence From Patent Grant Delays, Joshua S. Gans, David H. Hsu, Scott Stern

Joshua S Gans

This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether the patent has already been granted, and productive efficiency considerations will determine license timing (which likely will be as early as possible after invention). In contrast, the need for disclosure of unprotected knowledge on the part of the inventor, asymmetric information between the licensor and potential licensees, or search costs may retard efficient technology transfer. In these cases, reductions in uncertainty surrounding the scope …


Rationality And Personality In A Restaurant Entry Game: Is There An Entrepreneurial Personality Type?, Ted Bergstrom, Jon Sonstelie Jul 2006

Rationality And Personality In A Restaurant Entry Game: Is There An Entrepreneurial Personality Type?, Ted Bergstrom, Jon Sonstelie

Ted C Bergstrom

Students in a large principles class participated in a market experiment in which they had opportunities to take entrepreneurial action. These students had also taken the Meyers-Briggs personality test. We explore the relation between personality characteristics and participation decisions.


Identifying Sources On Entrepreneurship And The Informal Economy, Colin C. Williams Dec 2004

Identifying Sources On Entrepreneurship And The Informal Economy, Colin C. Williams

Colin C Williams

No abstract provided.


Entrepreneurship And The Defense Of Capitalism: An Examination Of The Work Of Israel Kirzner, Peter Lewin Dec 2001

Entrepreneurship And The Defense Of Capitalism: An Examination Of The Work Of Israel Kirzner, Peter Lewin

Peter Lewin

Israel Kirzner has spent a career in articulating and refining concept of entrepreneurship; His work is indispensable for anyone seeking an understanding of the role of the entrepreneur in the economy. This paper provides a critical appreciation of this work, and considers how Kirzner’s insights might feature in a defense of Capitalism in the post- Socialist world.