327 research outputs found
I. USA - "L'eau, l'électricité et la télévision par câble : Etude comparative des modèles historiques de propriété et de réglementation"
No full textJacobson Charles, Tarr Joel A., Klepper Steven, Beyeler Claire. I. USA - "L'eau, l'électricité et la télévision par câble : Etude comparative des modèles historiques de propriété et de réglementation". In: Cahier / Groupe Réseaux, n°6, 1986. pp. 3-6
Water, Electricity and Cable Television: A Study of Contrasting Historical Patterns of Ownership and Regulation
No full textJacobson Charles, Klepper Steven, Tarr Joel A. Water, Electricity and Cable Television: A Study of Contrasting Historical Patterns of Ownership and Regulation . In: Cahier / Groupe Réseaux, n°3, 1985. pp. 2-31
Steven Klepper: Recipient of the 2011 Global Award for Entrepreneurship Research
No full textThis article reviews the academic contributions of the 2011 receiver of the Global Award for Entrepreneurship Research, Professor Steven Klepper, Carnegie Mellon University. The Global Award consists of 100,000 Euro and a statuette of the internationally renowned Swedish sculpture Carl Milles. Klepper has made breakthrough analyses in the realm of industrial dynamics, emphasizing the regularities in the time paths of entry of new producers, exit of incumbent firms, spin-offs and innovation. His work is predominantly empirical but he has also played an essential role in developing more rigorous theoretical models of phenomena such as spin-offs. Of particular importance is how Klepper has managed to link traditional neoclassical models with evolutionary theory as well as entrepreneurship research with mainstream economics.</p
Demand, innovation and industrial dynamics: an introduction
No full textAnalysis of the literature on the relationship between demand, innovation and industrial dynamics
Disagreements and Intra-Industry Spinoffs
No full textA growing empirical literature on spinoff formation has begun to reveal some striking regularities about which firms are most likely to spawn spinoffs, when they are most likely to spawn them, and the relationship between the quality of the parent firm and its spinoffs. Deeper investigations into the causes of spinoffs have highlighted the importance of strategic disagreements in driving some employees to resign and found a new venture. Motivated by this literature, we construct a new theory of spinoff formation driven by strategic disagree-ments, and explore how well it explains the emerging empirical regularities.Spinoffs, learning, strategic disagreement
Spinoff Entry in High-tech Industries: Motives and Consequences
No full textVarious theories have been advanced for why employees leave incumbent firms to found firms in the same industry, which we call spinoffs. We review the accumulating evidence about spinoffs in various high-tech industries, highlighting the central role often played by disagreements. Because existing theories have ignored them, we develop the foundations of a model of spinoff formation driven by disagreements. Doing so proves to be rather challenging, because disagreements are not possible among rational actors that talk to each other. We introduce a minimal degree of non-rationality, based on the concept of solipsism, and ask whether such a concept is capable of generating predictions consistent with the empirical literature.Spinoffs, Technological change, learning, disagreements
The Evolution of Geographic Structure in New Industries
No full textWe review the evolution of the market and geographic structure of the automobile, television receiver, and tyre industries in order to gain insights into the primary forces governing the agglomeration of industries. Spinoffs, which are firms founded by employees of incumbent producers, played a prominent role in the agglomerations that emerged around Detroit, MI and Akron, OH in the automobile and tyre industries respectively. The television receiver industry became less agglomerated over time, and this is connected with the domination of the industry by diversifiers from the radio industry. The patterns in all three industries are shown to be compatible with a theory of organisational birth and heredity proposed in Klepper (2003). JEL Classification: L65, R12, R30.agglomeration, spinoffs, entry
The legacy of Steven Klepper: industry evolution, entrepreneurship, and geography
No full textThis article examines and discusses Klepper's scientific work. Steven Klepper’s pioneering work linked life cycle patterns in industry evolution to underlying micro-level firm innovation dynamics and employee entrepreneurship, and to the macro-level implications regarding
geographical agglomeration and the growth of economies. Taken together, the lifetime of Klepper’s research provides an integrated account of the key industrial mechanisms at work, and also sets the stage for future research
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