We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

innovation and other aspects of firm performance. They suggest that private VC tends to have larger effects than government VC …

industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of ‘entrepreneurial systems of innovation' to address this gap in the literature. We argue that … conceptualized in terms of its function in innovation systems rather than as an outcome. At the systems level, the central function …

markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe’s innovation capacity at a …