|
|
News and events
Page contents > RICAFE2 Policy Workshop | | | RICAFE2 Third Conference | RICAFE2 Second Conference | | RICAFE2 Discussion Forum | RICAFE2 First Conference | RICAFE 2 launched | RICAFE-Final Report | Third RICAFE Conference | Second RICAFE Conference | First RICAFE Conference
RICAFE2 Policy WorkshopRegional Comparative Advantage and Knowledge-Based Entrepreneurship
28 January 2009 Brussels
A RICAFE2 Policy Workshop will take place on the 28 January in Brussels, Belgium. This workshop covers the main policy implications from RICAFE2 research. The presentations are listed below:
Societal, legal, and economic factors which determine and shape KBE Uli Hege, Associate Professor in Finance, HEC School of Management.
Government policy, KBE, and shifting patters of regional comparative advantage Uwe Walz, Professor in Economics, Goethe University and Research Programme Director Entrepreneurial Finance, Center for Financial Studies (CFS)
Overview of Policy implications of RICAFE2 Research Marina Di Giacomo Researcher, Hermes Research Centre, Collegio Carlo Alberto,
The meeting agenda can be found here. RICAFE2 Third ConferenceRegional Comparative Advantage and Knowledge-Based Entrepreneurship
9 & 10 October 2008 University of Amsterdam Business School Finance Group The RICAFE2 Third Conference was held on 9 & 10 October at the University of Amsterdam Business School, Finance Group. The conference covered both theoretical and empirical papers on various topics related to knowledge-based entrepreneurship. Some of the papers suggested relevant policy implications and showed significant effects in terms of firms’ valuation. The conference comprised six academic sessions and a final session consisting of a panel discussion on globalization and entrepreneurship. The keynote speech, by Amar Bhidé (Columbia Business School) was on the topic of globalization and innovation. The papers presented at the conference are listed bellow: Incentives and Innovation Inside Firms: A Multi Tasking Approach Thomas Hellmann (Sauder School of Business) & Veikko Thiele (Sauder School of Business)
Employee Incentives, and Teamwork in Human Capital Intensive Firms Paolo Fulghieri (Kenan Flagler Business School) & Merih Sevilir (Kenan Flagler Business School)
Occupational Choice and the Quality of Entrepreneurs Eren Inci (Sabanci University)
How Do Corporate Venture Capitalists Create Value for Entrepreneurial Firms? Elena Loutskina (University of Virginia) & Thomas Chemmanur (Boston College)
Firm Boundaries in the New Economy: Theory and Evidence Krishnamurthy Subramanian (Goizueta Business School, Emory University)
IPO Waves, Product Market Competition, and the Going Public Decision: Theory and Evidence Thomas Chemmanur (Boston College) & Jie He (Boston College)
Going Public to Acquire? The Acquisition Motive in IPOs Ugur Celikyurt (Kenan Flagler Business School), Merih Sevilir (Kenan Flagler Business School), Anil Shivdasani (Kenan Flagler Business School)
Small and medium sized enterprises, banking relationships, and the use of venture capital Allen N. Berger (Moore School of Business, University of South Carolina) & Klaus Schaeck (Bangor Business School, University of Wales)
Connections and Information Acquisition in Capital Allocation Mariassunta Giannetti (Stockholm School o Economics) & Xiaoyun Yu (Kelley School of Business, Indiana University)
Are Financial Incentives Detrimental to Innovation? Florian Ederer (MIT) & Gustavo Manso (MIT)
Why Do Contracts Differ between VC Types? Market Segmentation versus Corporate Governance Varieties Julia Hirsch (Universidad Iberoamericana & CFS) & Uwe Walz (CFS)
Corporate Governance and Innovation: Theory and Evidence Haresh Sapra (University of Chicago) & Ajay Subramanian (Georgia State University) & Krishnamurthy Subramanian (Emory University)
On the Real Effects of Private Equity Investment: Evidence from Firm Entry Alexander Popov (Tilburg University) & Peter Roosenboom (RSM)
Venture Capital Conflicts of Interest: Evidence from Acquisitions of Venture Backed Firms Ron Masulis (Vanderbilt University) & Rajarishi Nahata (Baruch College)
RICAFE2 Second ConferenceRegional Comparative Advantage and Knowledge-Based Entrepreneurship
5 & 6 October 2007 Baltic International Centre for Economic Policy Studies Stockholm School of Economics in Riga The RICAFE2 Second Conference was held on 5 & 6 October at the Stockholm School of Economics in Riga, Latvia. The conference covered both theoretical and empirical work on the ability of financial systems to provide financing for knowledge-based entrepreneurial firms, on the influence of venture capital on firms’ ability to translate technological advances into successful products and on the contribution of knowledge-based entrepreneurship to regional dynamics. The papers presented are listed bellow: Wolfgang Bessler (Justus-Liebig-University Giessen) joint with Claudia Bittelmeyer (Justus-Liebig-University Giessen)
“The speed of technology adoption with imperfect information in equity markets” Katrin Tinn (SITE/Stockholm School of Economics)
“Firm entry dynamics and the taxation of corporate profits: Evidence from European firm-level data” Marina Di Giacomo (Università di Torino) joint with Marco Da Rin (Tilburg University, ECGI and IGIER) and Alessandro Sembenelli (Università di Torino)
“Patents and the Survival of Internet-related IPOs” Stefan Wagner (INNOtec, LMU Munich) joint with Iain Cockburn (BU, NBER).
“Entrepreneurial Innovations, Competition and Competition Policy” Lars Persson (Research Institute of Industrial Economics – IFN) joint with Pehr-Johan Norbäck (Research Institute of Industrial Economics - IFN)
“Financially constrained innovation, patent protection, and industry dynamics” Javier Suarez (CEMFI) joint with Gerard Llobet (CEMFI)
“Firm scope, debt and value: a structural model of business groups” Giovanna Nicodano (Università di Torino and Collegio Carlo Alberto) joint with Elisa Luciano (Università di Torino and Collegio Carlo Alberto)
“Success Breeds Success Locally: A Tale of Incubator Firms” Eren Inci (Sabanci University).
“Valuing University-based Firms” Silvio Vismara (University of Bergamo) joint with Damiano Bonardo (University of Bergamo) and Stefano Paleari (University of Bergamo)
“Which Firms Benefit More from Financial Development?” Jan Bena (FMG/LSE) joint with Stepan Jurada (CERGE-EI) RICAFE2 Discussion ForumIn the second phase of our RICAFE programme, we developed a dissemination plan that aims to communicate our ongoing research activities and results to end-users at different stages and through a variety of tools that will allow us to integrate their feedback. Integral to this dissemination plan is the RICAFE2 website which is increasingly becoming the primary medium of internal and external communication. To enhance user participation and interaction we are introducing an open ongoing forum on the project's results and our ongoing research. We envisage that this forum will serve as an important tool in receiving feedback from the wider community and incorporating it in our research. To this effect we invite members and others who are interested to contribute issues/research/ideas questions or to start discussions related to out project's objectives to do so by participating in the RICAFE2 Discussion Forum. RICAFE2 First ConferenceRICAFE2's First conference was held on 5 & 6 October, 2006 at the London School of Economics. The papers presented at the conference are listed below.
Gustavo Manso (MIT Sloan School of Management)
The Impact of Uncertain Intellectual Property Rights on the Market for Ideas: Evidence from Patent Grant Delays David Hsu (Wharton School, University of Pennsylvania) joint with Joshua Gans (Melbourne Business School) and Scott Stern (Kellogg School of Management)
The Importance of Trust for Investment: Evidence from Venture Capital Marco Da Rin (Tilburg and Turin University) joint with Laura Bottazzi (Bologna University) and Thomas Hellmann (University of British Columbia)
Networking as a Barrier to Entry and the Competitive Supply of Venture Capital Yael Hochberg (Kellogg School of Management) joint with Alexander Ljungqvist (Stern, New York University) and Yang Lu (Stern, New York University)
Venture Capital Contracting: Staged Financing and Syndication of Later-Stage Investments Zsuzsanna Fluck (Michigan State and The William Davidson Institute) joint with Kedran Garrison (MIT) and Stewart Myers (MIT and NBER)
Venture Capital Financing and Firm Growth in New Industries Roman Inderst (FMG/LSE) joint with Holger Müller (New York University)
Evolution of Decision and Control Rights in Venture Capital Contracts: An Empirical Analysis Carsten Bienz (Norwegian School of Economics and Business Administration) joint with Uwe Walz (CFS, Frankfurt) Market Structure, Internal Capital Markets and the Boundaries of the Firm Rich Mathews (Duke University) joint with David Robinson (Duke University Knowing Who You are Matters: A Theory of Young Firms versus Mature Firms Masako Ueda (School of Business, University of Wisconsin and CEPR) joint with Kyriakos Frantzeskakis (School of Business, University of Wisconsin)Do Venture Capitalists Affect Investment Performance? Evidence from First-time Funds Rebecca Zarutskie (Fuqua, Duke University)Human Capital Investment, Entrepreneurship and New Firm Creation Merih Sevilir (The University of North Carolina at Chapel Hill)Who are Entrepreneurs and Why Do They Behave That Way? Manju Puri (Duke University and NBER) joint with David Robinson (Duke University)Covenants not to Compete, Labour Mobility and Industry Dynamics April Franco (University of Iowa) joint with Matthew Mitchell (University of Iowa)
RICAFE 2 launchedIn October 2005 the Financial Markets Group has successfully completed the first stage of the application to the European Commission for the financing of the second phase of the RICAFE programme and has been invited to enter the contract negotiation process. The second phase of the programme is expected to start in the first quarter of 2006 under the title "Regional Comparative Advantage and Knowledge-Based Entrepreneurship” - RICAFE 2.
The main objective of the second phase of the research is to develop a comprehensive report on how societal, legal, and economic factors affect the patterns of regional economic growth and how Knowledge-Based Entrepreneurship (KBE) contributes to shifting patterns of regional comparative advantage and to regional growth and social cohesion.
Our research will assess the links between societal, legal, and economic mechanisms and KBE at micro level, while studying the resulting regional dynamics and growth patterns at macro level. We will employ a cross disciplinary approach to study KBE as a complex, multi-dimensional process. While theoretically grounded, the programme of research is also empirical and will provide a detailed blueprint for the implementation of the Green paper on Entrepreneurship.
The RICAFE 2 launch meeting was held at the Financial Markets Group, London School of Economics on March 16, 2006. RICAFE-Final ReportThe RICAFE programme, Risk Capital and the Financing of European Innovative Firms (RICAFE) was successfully completed in April 2005. The programme’s final research results are included in the RICAFE final report - available below. The RICAFE research network is formed by members from the London School of Economics and Political Science (Financial Markets Group), the Centre for Financial Studies in Frankfurt, HEC School of Management Paris and Turin University. The report of RICAFE activities and research output for the entire project period is available below. Third RICAFE ConferenceEntrepreneurship, Risk Capital, and the Financing of Innovative Firms18-19 November 2005Real Collegio Carlo Alberto Moncalieri, Torino
RICAFE held its Third Annual conference between 18-19 November, 2005 at the Real Collegio Carlo Alberto in Moncalieri, Torino (Italy). The programme of the conference and the papers presented are available below.
Second RICAFE ConferenceRisk Capital and the Financing of European Innovative Firms 15-16 October 2004 Center for Financial Studies Frankfurt
RICAFE held its Second Annual conference between 15-16 October, 2004 at the Center for Financial Studies in Frankfurt.
The conference programme is available here.
First RICAFE ConferenceRisk Capital and the Financing of European Innovative Firms 24-25 October 2003 Financial Markets Group London School of Economics
The First Conference was held at the LSE on 24-25 October, 2003. The conference was attended by top researchers from both Europe and the US and focussed on a range of empirical and theoretical issues in Venture Capital.
The programme of the conference is available here. |
About this page |
Comment on this page |
Privacy statement |
Disclaimer
Copyright ©