complementarities (in the sense that the effectiveness of one policy depends on the implementation of other policies) and political … complementarities (in that the ability to gain political consent for one policy depends on the acceptance of other policies). Under … salient economic and political complementarities among individual policy measures. …

This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent’s profit increase from innovation is large and the patented technology has a small advantage over the alternative …

-functioning external market for entrepreneurial effort, limited access to external capital and the complementarities between … entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project … the entrepreneur is unable to decouple savings decisions from investment decisions, and due to the comple-mentarities in …

sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward …

entrepreneurs with respect to commercialization as well as the rate of innovation. We find that stronger intellectual property … them. Consequently, we demonstrate that competition policy has a clearer role in promoting a higher rate of innovation in … increasing the rate of entrepreneurial innovation. …

growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs’ choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …