The purpose of this paper is to investigate the extent to which institutional origin has an impact on the resource endowments of science-based entrepreneurial firms, which are founded from the research base developed at public research organisations. Investigation of the potential explanatory...

Nurturing and growing innovative start-ups have become an important point on the political agenda. After the dotcom bubble, however, many financial schemes and incubation initiatives initiated, in the mid-nineties, were cancelled or down scaled. There was a consensus that innovative start-ups...