, ranging from self-employment to small and medium size enterprises to technology- and innovation-driven startups, recent … of new firm entry, but rather by a small subset of high-growth startups that are primarily categorized as innovation …-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …

allocation of innovation subsidies and show that the subsidies encourage only incremental innovations and not radical ones … the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these …

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …

of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …

Innovation is important for firm performance and broader economic growth. But breakthrough innovations necessarily … require greater risk-taking than more incremental approaches. To understand how managers respond to uncertainty when making … effect on the rate of breakthrough innovation and the profitability of firms …

effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

Our histories depart somewhat from the bulk of the energy innovation policy literature in focusing attention on the … role of vigorous competition - particularly entry - in stimulating innovation, suggesting that in several industries a mix … stimulating innovation by encouraging extensive competition and entry by newly founded firms. Many of the most innovative …

age, as increasing experience produced habits of thought that destroyed their ability to formulate radical new departures …

This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …

detailed information on innovation activities and other company characteristics. We analyse the role of venture finance in … influencing innovation strategies. We find that venture capitalists push portfolio companies towards building absorptive capacity … shaping companies' innovation strategies …