Publications: New study on entrepreneurship to appear in Review of Economic Dynamics

A new paper by Jing Chen and Peter Thompson, "Disagreements, Employee Spinoffs and the Choice of Technology", has been accepted for publication in the Review of Economic Dynamics.

The paper develops a model of how disagreements about the value of new and untested technologies might emerge among members of management teams The model is used to explore the implications of disagreements for the rate at which new technologies are adopted by incumbent firms, and the rate at which they are implemented by employee spinoffs.