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This article discusses and empirically investigates whether and how university knowledge and industry knowledge <italic>interact</italic> to determine the creation of knowledge-intensive firms (KIFs) in a geographic area. In line with the knowledge spillover theory of entrepreneurship (KSTE), we find that both...
Persistent link: https://www.econbiz.de/10010976542
This article provides an empirical analysis on the effects of incentives to firms' outward internationalization on the firm's growth. Specifically, the analysis is conducted on 237 Italian firms that received an incentive in the period 1991 to 2007 versus a counterfactual sample of 307 firms...
Persistent link: https://www.econbiz.de/10008674416
This work analyses the effect of informal risk capital financing on a firm's investment/cash flow sensitivity (ICFS) in a sample of 498 Italian privately held high-tech entrepreneurial ventures (HTEVs) observed from 1996 to 2008. To detect financial constraints, we resort to an error correction...
Persistent link: https://www.econbiz.de/10010741097