. The results show that the literature leans towards Schumpeter (1942); innovation returns are modeled as following an ex … ante known probability distribution. By assuming that the outcomes of innovation activities are (probabilistically …

. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …

under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …

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 …

' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active … venture capitalists increases the incentives for entrepreneurial innovations. -- venture capitalists ; innovation …

sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward … ; Innovation ; Venture Capital …

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 …