selection in capital markets affects financing decisions of entrepreneurs and firm values. By structurally estimating a dynamic … ex-ante firm value, which is due to the distortion of market beliefs and higher financing costs in private markets. On …

Entrepreneurs must experiment to learn how good they are at a new activity. What happens when the experimentation is …-compete" clauses cannot be enforced ex-post, we show that financing experimentation can become harder precisely when it is more …

"This book highlights the concepts of technology financing, technology and innovation management, technology … innovation management and public policy strategies aimed at achieving an innovative economy with effective technology financing … investments and commercialization. It relies on three main approaches: National Innovation Systems (NIS), the Triple Helix Model …

The importance of intellectual property (IP) rights for commercializing innovation is well established. Moreover …-party (especially VC) financing. However, since raising third-party finance enables an innovating firm to continue commercializing its … innovation alone, it is not clear how obtaining IP rights will impact the choice between licensing product rights and continuing …