We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs. …

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …

of organizational form surrounding innovation and influence when innovation is more likely to occur. These factors not …

detailed information on innovation activities and other company characteristics. We analyse the role of venture finance in … influencing innovation strategies. We find that venture capitalists push portfolio companies towards building absorptive capacity … shaping companies' innovation strategies. …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

decades. There is no need to forecast any slowdown in the pace of future innovation for this gloomy forecast to come true … innovation is needed, skepticism is offered here, particularly about the techno-optimists who currently believe that we are at a …

temperature. Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six …

outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary … innovation is not the same innovation freely available but the unchanged generic technology. Growth is concentrated in any …