they matter. We first characterize YICs in the sample of innovation active firms. We show that firms that combine newness … financial constraints, both internal and external, as an important factor hampering their innovation activities, significantly … more so than other innovation active firms. This access to finance problem is an often used motive for government …

. Moreover, we find evidence that government subsidy to high-tech incubators increases the incubated startups' innovation …

The innovation process is becoming more open. According to the concept of the Triple Helix, this requires the creation … innovation system. The academic spin-off is not only a form of technology transfer, set up at the university but also the … concept of the Triple Helix but also increasing the effectiveness of innovation policy, focusing on employees who can combine …

In the attempt to boost innovation, policy-makers have enacted a myriad of programs targeting innovative start-ups in …

reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …

classes across all sectors and all EU Member States, we identify different innovation profiles based on a firm's R …&D investment and/or innovation activities. We find that "basic" firms - i.e. firms that do not engage in any type of R&D or … innovation - are more common among young SMEs, while innovators - i.e. firms that do R&D and introduce new products, processes or …

This paper explores how a prominent place-based policy in China, the national high-tech zones, affects local innovation … innovation output and entrepreneurial activities. A number of additional tests suggest that the effects appear causal. Access to … national high-tech zones positively affect local innovation and entrepreneurship. Our paper sheds new light on the debate about …

Among contemporary economists, Mariana Mazzucato stands out for her emphasis on the importance of innovation to solve … pressing challenges and achieve a greater quality of life. However, the type of mission-oriented innovation policies she … promotes usually rely on an overly mechanical view of innovation and economic growth. We employ an ecosystem perspective to …

This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic …