-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation … project and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset provisions in the … fundamental policy trade-off between the declared goals of promoting employment and innovation in small, entrepreneurial firms …

Stimulating innovation is one of the pressing policy challenges facing many countries in the world today. The paper … small and medium size enterprises (SMEs) in Poland were subjected to a survey. The data collected revealed the innovation … types of SMEs in Poland and external financial factors influencing innovation the most. The results show external factors …

the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … innovation for sale, relative to innovation for entry. …

Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well … entrepreneurial effort, entrepre-neurial innovation and capital investment. Because of these constraints, the entrepreneurial project …

learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … allows followers to catch up. Contrary to the benchmark case the leader's innovation effort declines with the lead. This …

We investigate what kind of competitive pressure induces existing firms to engage in more intensive innovation …

innovation. Innovation changes the status quo pay-off, and thereby affects the distribution of the gains from collusion. The … resulting innovation incentive is strictly smaller than in the competitive case. …