entrepreneurship ; start-ups ; radical innovation …Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. -- Corporate …

detected by merely estimating single-equation models for R&D intensity and debt financing. -- Innovation financing ; capital … structure ; start-ups ; KfW/ZEW Start-up Panel ; Germany …

survival. Drawing on entrepreneurial learning theories, we use panel data on 8,400 new ventures to investigate the impact of … a mix of success (portfolio/serial) and failure (prior bankruptcy/dissolution) on venture survival outcomes. We find … experiences, are more likely to experience bankruptcy. We find that portfolio and serial experience is unrelated to survival or …

This paper examines the role of venture capital on a firm's innovation activities by using a data set of German … technology-based firms founded between 1996 and 2005. Innovation is proxied by patent counts and an index of innovativeness which …