, coupled with prototypes have a higher probability for external finance which may be due to reduced uncertainties and learning …

A recent literature has pointed at potential negative effects of exchange rate volatility on innovation. In this paper …

innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …

effect on product innovation and organisational innovation. Corruption does not affect process innovation while it … facilitates marketing innovation. …