There is great interest in evaluating the impact of private equity investments on innovation and economic growth. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of entrepreneurial firms. We fill this gap by examining a rich...

In this paper we show that the patenting behavior of creative entrepreneurs is correlated with the patenting behavior of their fathers, which we refer to as a source of the entrepreneurs' human capital endowments. Our argument for this relationship follows from established theories of...

Chapter 1 Introduction -- Chapter 2 Motivating Entrepreneurship and Innovation Activity -- Chapter 3 Publicly Funded Principal Investigators as Transformative Agents of Public Sector Entrepreneurship -- Chapter 4 An Innovation Policy Framework -- Chapter 5 Radical and Incremental Innovation and...

Inadequate investment in innovation is particularly costly in today's globally competitive environment where continued technological advancements are critical to sustaining economic prosperity. The government has a critical role in ensuring that society's general interest in innovation, and the...