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 …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …

and direction of innovation in that software development is a core part of innovation activities in firms across a wide …-level survey data on the frequency and nature of software development among firms in Sweden, matched with the Community Innovation … Survey (CIS). We find robust evidence supporting a software-bias in innovation in that software development is associated …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …