The recent waves of immigration in western countries lead to challenges for policy makers and the society. In particular the integration of immigrants into the society and the labor market is intensively discussed. Within this process, self-employment and entrepreneurship plays an important...

Scholars examining the effect of knowledge spillovers on R&D and innovation all agree on one thing-there is a strong relationship between the firm's R&D effort and knowledge spillover. The sign of this relationship depends, however, on many things, such as the type of spillovers (horizontal,...

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...