The present paper investigates the effectiveness of R&D subsidies given to start-ups. Taking an aggregate view rather than evaluating a single program, we estimate the impact of R&D subsidies on start-ups’ employment growth and their patent output. A unique data set on start-ups in the East...

Entrepreneurship plays an increasingly prominent role in both academic and policy circles. It is regarded as the driving force behind structural change that links investments in knowledge with economic growth. The increased role of new and small enterprises has led to an increase in...

This paper investigates the possible presence of three problems in regional innovation systems (RIS): intermediation, reciprocity and compatibility. Based on firm data gathered for three different regions, Northern Hesse, Jena and Sophia Antipolis, we can show that a low propensity to cooperate...

This study investigates predictors of scientists’ intentions to commercialize their research through business founding. Analyzing a cross-sectional sample of 496 German scientists, we develop and test an intentions-based model of academic entrepreneurship combining personal and contextual...

The literature on "Innovation Systems" is divided into several directories. Dif- ferences occur through the definition of the system's borders. This paper intro- duces a methodology how to differentiate between regional and technological effects of cooperative innovation activities and analyzes...