' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active … venture capitalists increases the incentives for entrepreneurial innovations. -- venture capitalists ; innovation …

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 …

under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent's pro t increase from innovation is large and the patented technology has a small advantage over the alternative …

-seeking governments. -- Entrepreneurship ; Regulation ; Innovation ; Market Integration ; Lobbying …

more important when there is an increase in network effects. A consequence is higher innovation incentives under an … reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. -- Acquisitions … ; commercialization ; compatibility ; entry ; network effects ; innovation ; R&D ; regulation. …

In this paper, we study the role of risk-sharing in entrepreneurship-driven innovation. Studying entrepreneurship and … innovation entails modeling an occupational choice and an effort choice. Risk-sharing may increase the number of individuals who …