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deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … economy. Particular aspects of entrepreneurship and economic dynamism are covered by pairs (or in one case three) coauthors …
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effort requires extensive and broad-based institutional reforms aimed at strengthening the incentives for entrepreneurship …. Innovative entrepreneurship requires collaborations with numerous agents that provide those skills and resources that the … markets, and (vi) human capital for entrepreneurship. The reforms would likely strengthen Europe’s innovation capacity at a …
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In this paper we construct a model in which entrepreneurial innovations are sold into oligopolistic industries and where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as exacerbated development by better-informed venture-backed...
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