-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … desire of governments to foster risky 'breakthrough' innovations. -- business taxation ; innovation ; market entry …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …' innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …

of job loss vary according to the innovation-related strategies adopted by firms. We take advantage of a unique dataset …

constraints or the promotion of follow-on innovation. …

knowledge diffusion measures and therefore ensuring that innovation and competition policies advance together. …

cost of failure in innovation, and a competition effect, which diminishes the returns to innovation. The magnitude of these …. We show that allowing acquisitions stimulates platform innovation, but at the cost of a more concentrated market … investigate how the merger regime influences the direction of the startup’s innovation. …

diffusion and, to some extent, shaped the geography of innovation. …