Setting up an innovative new firm is a way of commercializing knowledge. The paper gives an overview of the extent of … new firm formation in knowledge intensive and in innovative German industries and their development. The founding of a new …

operating in knowledge intensive sectors and start-ups belonging to the remaining ones. This separation is done in order to … interpret the estimation results for start-ups in knowledge intensive sectors in a reliable way. The remaining firms serve as a …

systems of innovation lead to the conclusion that countries differ in the way in which knowledge flows and that innovation … importance of the interactions and linkages among acteurs and institutions involved in innovation and technology development of a … country and calls such a web of interaction a national innovation system. The theoretical and empirical analyses on national …

capital of the founder(s). This holds especially for technological disciplines whereas business knowledge plays a minor role …