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We use competing risks methods to investigate the causal link between venture capital (VC) investments supported by the EIF and the exit prospects and patenting activity of young and innovative firms. Using a novel dataset covering European start-ups receiving VC financing in the years 2007 to...
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Over one million firms around the world have adopted a Quality Management System (QMS) that conforms to ISO 9001 certification in 2015 and recent figures show that certifications have rapidly increased in emerging economies. ISO 9001 is considered a signal of high quality for products or...
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startups just to "kill" their ideas, and acquisitions can erode incumbents' own innovation incentives. Our paper aims to assess …. Our calibrated model implies that acquisitions raise the startup rate, but lower incumbents' own innovation as well as the …
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