Romain, Astrid; Pottelsberghe de la Potterie, Bruno van - Institute of Innovation Research, Hitotsubashi University - 2003
. Indicators of technological opportunity, such as the growth rate of R&D investment, the stock of knowledge and the number of … of knowledge, whereas a minimum level of entrepreneurship is required in order to have a positive effect of the available … stock of knowledge on VC intensity. One important policy implication emerges from these results. It is not by providing …