Title :
Entrepreneurial Innovation Incentives Based on Double Characteristics: Economic and Social
Author_Institution :
Economic Sch., Huazhong Univ. of Sci. & Technol., Wuhan, China
Abstract :
Entrepreneurial innovation is a very important driving force of economic development and a decisive factor for optimizing of social interests. Starting from the competitive exclusive and externality characteristics of entrepreneurial innovation, using the individual entrepreneurs´ maximizing investment decision-making theory, the paper analyzes the relationship of entrepreneurial innovation inputs and economic benefits. Then with the model of Baumol´s optimal spillover rate determination, we explore the incentive directions and means of entrepreneurial innovation.
Keywords :
decision making; incentive schemes; innovation management; investment; socio-economic effects; Baumol´s optimal spillover rate determination; economic development; entrepreneurial innovation incentives; individual entrepreneurs; investment decision-making theory; social interests; Biological system modeling; Decision making; Economics; Equations; Investments; Mathematical model; Technological innovation; Entrepreneurial innovation; externalities; innovation inputs; spillover rate;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.293
