growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …

industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of "entrepreneurial systems of innovation" to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …

It is imperative that the economies of the European Union become more entrepreneurial to promote innovation and … to promote entrepreneurship, innovation and growth. …

Venture capital has become a dominant form of innovation finance, used by many high-tech startups. Europe lags the U …

Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solve … pressing challenges and achieve a greater quality of life. However, the type of mission-oriented innovation policies she … promotes usually rely on an overly mechanical view of innovation and economic growth. We employ an ecosystem perspective to …

markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe's innovation capacity at a …

Many countries have implemented quasi-markets to enhance entrepreneurship and innovation in welfare service provision … extensive use of quasi-markets. Based on the Swedish experience, we contend that quasi-markets can unlock their innovation … innovation in quasi-market contexts. Such markets demand a set of supporting institutions of an epistemic nature. These …