This study identifies and measures the returns to regional, national and international knowledge sourcing for innovation in firms with different productivity levels. We develop and estimate a model on two distinct samples using data from the 17,859 most innovative firms during 2002-2014. We...

This study identifies and measures the returns to regional, national and international knowledge sourcing for innovation in firms with different productivity levels. We develop and estimate a model on two distinct samples using data from the 17,859 most innovative firms during 2002-2014. We...

External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project´s feasibility. Our...