Dynamics, Experimental Economics, and Entrepreneurship

Christian Schade ()

The Journal of Technology Transfer, 2005, vol. 30, issue 4, 409-431

Abstract: Economic experiments are introduced and proposed as the methodology of choice for a subset of research questions in technological entrepreneurship, an approach that has not yet been used in this field. Moreover, we provide an entrepreneurship-specific framework that matches types of research questions and feasible empirical methods. For example, a very dynamic environment is seen as a threat to most field studies, whereas the need to have entrepreneurs or other practitioners as subjects is almost a criterion for preclusion in economic experiments. The design of a recent economic experiment dealing with the timing of exploitation of an R&D based opportunity is explained and analyzed. We finally discuss the applicability of economic experiments to entrepreneurship questions in technology transfer. Copyright Springer Science+Business Media, Inc. 2005

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:30:y:2005:i:4:p:409-431

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DOI: 10.1007/s10961-005-2585-1

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