technological lead spawn more successful spinouts. Building on these observations, I build a structural model of innovation and firm … dynamics, where firm heterogeneity arises from endogenous decisions of innovation workers to become entrepreneurs and create … affecting employee entrepreneurship for aggregate innovation and growth. …

survival rates and little contribution to job creation, economic growth, and innovation. In this paper, we use a rich data set … and job creation, but especially also in innovation activities. The gaps in these business outcomes are relatively …