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Articles by Competition Germany
Anti‐labor environments and employee entrepreneurship: Evidence from right‐to‐work laws
1 INTRODUCTION Employee entrepreneurship, in which employees leave their current employer to start a new business, has long attracted scholarly interest in both strategy and entrepreneurship research (Agarwal et al., 2004; Bahoo-Torodi, 2024; Campbell et al., 2017; Carnahan et al., 2012; Ganco, 2013; Kaul et al., 2024; Somaya & Williamson, 2008).
Knowledge seeking and anonymity in digital work settings
Basic setup of the experiment At the start of the experiment, subjects receive 15 general knowledge questions with multiple-choice answers. The set of questions is different for every subject and the selection process ensures that every subject receives questions of varying difficulty and the average difficulty of each question set is similar across subjects.8 For every correct answer, subjects earn 1.25 EUR.
Training with AI: Evidence from chess computers
Learning strategic interactions experientially with AI We suggest that AI can serve as a substitute for human training partners. We conceptualize the AI to be part of a computer-based simulation, with the latter providing the environment for the strategic interaction. The role of the AI in such simulations is to emulate competitors and their responses to the decision-maker's actions—and thus serve as artificial training partners.
Maneuvering the odds: The dynamics of venture capital decision‐making
1 INTRODUCTION Over the past half-century, venture capital (VC) has evolved into a distinct industry within the financial services sector of economies worldwide. Although only a small fraction of new ventures is able to attract VC funding, statistics show that this type of funding serves as an important catalyst for innovation, job creation, and renewal in the broader economy (Drover et al., 2017; Gompers & Lerner, 2004; Sapienza, Manigart, & Vermeir, 1996; Tykvová, 2018).
Enthusiastic claimants, reluctant courts: The empirical and critical analysis of punitive damages in Chinese intellectual property law
1 INTRODUCTION Punitive damages have been playing an exceptionally potent role, serving as a supplementary sanction in exceptional cases where compensatory damages do not provide sufficient levels of deterrence and retribution.1 Generally, in tort law, punitive damages are monetary damages awarded apart from compensatory damages when the defendant has engaged in malicious misconduct.2 The term “punitive damages,” also known as “exemplary,” “vindictive” damages, and “smart money,”3 has an...
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