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

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 …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

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