Trademarks and their association with<i>Kirznerian</i>entrepreneurs

Lyalkov, Serhiy; Carmona, Mónica; Congregado, Emilio; Millán, José María

doi:10.1080/13662716.2019.1586523

Cited by 11 publications

(9 citation statements)

References 68 publications

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“…This positive valuation effect, however, seems to decrease when the startup progresses into a more advanced development stage (Block et al 2014). The paper by Lyalkov et al (2019) in this special issue confirms the notion that entrepreneurship activities at the country level are positively linked to trademarking. Although the motivation to trademark was not explicitly investigated in their study, some aspects of their results are in line with the signalling value of trademarks for startups.…”

Section: Resource Attraction As a Motive (Entrepreneurship Perspective)supporting

confidence: 63%

“…A recent joint report of the European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO) finds, for example, that SMEs which have filed trademarks are significantly more likely to experience a growth period afterwards (EPO-EUIPO 2019). Two papers in this special issue (Lyalkov et al 2019;deGrazia, Myers, and Toole 2019) show that macro-level trademark data can be used to predict aggregate level entrepreneurship. Whether this is Kirznerian, Schumpeterian or none of the two forms of entrepreneurship remains a question for further research.…”

Section: Discussionmentioning

confidence: 99%

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Editorial: why and when do firms trademark? Bridging perspectives from industrial organisation, innovation and entrepreneurship

Castaldi

Block

Flikkema

2019

Industry and Innovation

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This editorial to the special issue on "Trademarks and their role in innovation, entrepreneurship and industrial organization" proposes a novel framework to understand why and when firms file trademarks. The three perspectives at the core of the special issue offer several insights on trademark motives but have not been linked for understanding the underlying strategies and contingencies. We propose to study trademark motives in relation to the firm and the innovation life cycle stage. Inspired by the framework, we outline avenues for further research.

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Section: Resource Attraction As a Motive (Entrepreneurship Perspective)supporting

confidence: 63%

Section: Discussionmentioning

confidence: 99%

Editorial: why and when do firms trademark? Bridging perspectives from industrial organisation, innovation and entrepreneurship

Castaldi

Block

Flikkema

2019

Industry and Innovation

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“…Millán et al (2018), which which compares job satisfaction of independent own-account works and dependent self-employed workers. Also interesting is the work by Lyalkov et al (2019), where the interrelation between the share of the self-employed workforce in a given country that can be considered 'entrepreneurial' and trademark registration at the country level is explored. In this work, both necessity entrepreneurs and dependent self-employed workers are considered 'non-entrepreneurial' types.…”

Section: Hypotheses Derivationmentioning

confidence: 99%

How do country R&D change the allocation of self-employment across different types?

Burke

Lyalkov²,

Millán

et al. 2019

Small Bus Econ

Self Cite

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We investigate the impact of country R&D on the allocation of self-employment across different types, where types are identified based on occupational status and start-up motive. We first conduct a literature review based on which we consider the self-employed with employees to be of higher 'quality' (in terms of their overall contribution to the economy) compared to independent own-account workers, who in turn may be considered of higher 'quality' than dependent self-employed workers. Similarly, we also consider opportunity self-employed to be of higher 'quality' than necessity self-employed. Our empirical analysis then shows that the level of a country's R&D expenditures increases the share of self-employed with employees and that of opportunity self-employed (i.e. the self-employment types associated with higher 'quality') at the cost of the shares of dependent self-employed and necessity self-employed. Higher R&D expenditures at the country level thus increase the quality of self-employment in the country.

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“…Formal IPR counts are considered, which consist of the number of trademarks, patents, and designs that are actually crude measures of the volume of protected intangible capital in a firm. The use of this approach seems very limited as it is utilised mostly in industries that rely heavily on IPRs for their innovation [45][46][47]. When accounting approaches fail, there is a focus on market-based models and the market valuation approach is the sixth approach.…”

Section: Concept Of Intangibles and Intellectual Capitalmentioning

confidence: 99%

Intangibles, Intellectual Capital, and the Performance of Listed Non-Financial Services Firms in West Africa: A Cross-Country Analysis

Duho

2022

Merits

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This study aims to examine the impact of intellectual capital and intangible value on the performance of listed non-financial firms in West Africa. The study used the Value Added Intellectual Coefficient (VAIC™) to measure intellectual capital performance (with components as ICE—Intellectual Capital Efficiency an additive measure of the next two metrics, HCE—Human Capital Efficiency, SCE—Structural Capital Efficiency and CEE—Capital Employed Efficiency), financial ratios to measure intangible value and return on assets to measure performance while controlling for firm-level and macroeconomic variables. Using the panel-corrected standard error regression on 59 firms operating from 2007 to 2018, the study found that VAIC, ICE, HCE and SCE measures of intellectual capital are the pièce de résistance that drive the performance of firms. It is found that the relationship is curvilinear taking the shape of an inverted U. CEE does not drive the performance of firms, and asset tangibility inhibits performance but the investment in intangible fixed assets has a positive insignificant effect on performance. Firm size has a positive impact while financial leverage has a negative impact on performance. Human development does not drive performance but foreign direct investment and economic development do. There are country-specific insights where in Ghana intellectual capital and intangible value have a very strong positive effect on performance, followed by a relatively high impact in Cote D’Ivoire while there is a weak effect in the Nigerian context. The study also explores the effect of other variables such as firm size, financial leverage, human development, foreign direct investment and economic development. The findings are useful for policy, accounting, finance, economic and human resource practitioners as well as, for the academic community.

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Trademarks and their association withKirznerianentrepreneurs

Cited by 11 publications

References 68 publications

Editorial: why and when do firms trademark? Bridging perspectives from industrial organisation, innovation and entrepreneurship

Editorial: why and when do firms trademark? Bridging perspectives from industrial organisation, innovation and entrepreneurship

How do country R&D change the allocation of self-employment across different types?

Intangibles, Intellectual Capital, and the Performance of Listed Non-Financial Services Firms in West Africa: A Cross-Country Analysis

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