measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment …

Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms …

that venture capital investments stimulate innovation ('VC-first hypothesis'). This interpretation is, however, one …-sided because there may be a reverse causality that innovations induce venture capital investments ('innovation-first hypothesis … causality issue of venture capital investments and innovation in the US manufacturing industry using both total factor …

firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …

potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …