industrial dynamics, articulates the role and function of entrepreneurial experimentation in innovation systems. This paper … develops the concept of "entrepreneurial systems of innovation" to address this gap in the literature. We argue that … entrepreneurial experimentation comprises both "technical" and "market" experimentation, and that entrepreneurship must be …

entrepreneurship on technological innovation. First, a start-up's technological capabilities measured by patents and technological … for technological innovation is not significant. Second, entrepreneurship has a significant positive effect on the … R&D investment that fails to lead directly to technological innovation of technology-based start-ups. This paper …