Governments are important financiers of private sector innovation. While these public funds can ease capital … for innovation programs strengthened the relationship between firms' historical innovative efficiency and subsequent … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …

questions about the pro-cyclicality of VC and its implications for innovation, especially in light of the common narrative that … VC is relatively insulated from public markets. We find that the implications for innovation are not benign: innovation … discussion on the nature of innovation across business cycles …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

-term performance. We investigate 495 transactions with a focus on one form of long-term activities, namely investments in innovation as …

The paper seeks to understand the impact of the patent system on innovation by examining shifts in the strength of …

While policymakers often assume venture capital has a profound impact on innovation, that premise has not been … measures of innovation are used in a sample of 530 venture-backed and non-venture-backed firms …

Using a difference-in-difference approach, we study how intellectual property right (IPR) protection affects innovation … in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …