Färnstrand Damsgaard, Erika; Norbäck, Pehr-Johan; … - 2012
inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …Entrepreneurs face higher commercialization costs than incumbents. We show that this implies that entrepreneurs will …, entrepreneurs may select too safe projects from a social point of view, since they do not internalize the business stealing effect …