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 …

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

job creation, expansion and innovation activities for up to 40 months after business formation. Using self …, the higher they score on this index. Effects are particularly strong for growth oriented outcomes like innovation and … ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and …

job creation, expansion and innovation activities for up to 40 months after business formation. Using self … better, the higher they score on this index. E↵ects are particu-larly strong for growth oriented outcomes like innovation and … ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …