Innovation Research (SBIR) program. We provide supply-side evidence on university research relationships and how the use of …

stifle innovation because many R&D projects do not pass corporate budgeting decisions when discount rates are high …-ERP episodes than those focusing on exploitative search, and patents developed during high-ERP periods have a higher technological …

.S. Department of Energy’s Small Business Innovation Research (SBIR) program. We find that larger firms are more likely to be …

innovation as well as the project’s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …

innovation as well as the projectś feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …

Schumpeterian arguments of “creative destruction” predict that innovation is countercyclical. However, empirical … findings demonstrate the contrary. We apply corporate finance principles to macro- and innovation economics and propose a … “hurdle-rate theory of inventive procyclicality”. High-ERP periods stifle innovation because many R&D projects do not pass …

innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …

innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …

innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …

innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external …