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innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship …, primarily in metro regional economies.Radical innovation occurs when technology from two distinct industrial clusters are … crossed, resulting in an entirely new product. In contrast, sustaining innovation usually involves adding technological …
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. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …
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business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …
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