This paper reviews the evidence on financing technology-based small firms (TBSFs) in
Europe. European TBSFs finance new investments by relying primarily on internal funds …

Among emerging technologies large attention has been devoted to the so called Fourth
Industrial Revolution, or Industry 4.0, which is also a case study of a major industrial policy …

Innovating firms in new industries face a number of technological and market risks,
especially appropriability and competence destruction. However, the relative significance of …

The recent development of the biotechnology and computer industries has highlighted the
variety of ways in which firms in different countries and sectors can develop innovative …

In this paper, we demonstrate how regional economic policies to stimulate entrepreneurship
and innovation, can lead to successes. More specifically, through a detailed theoretical and …

Global and national governance are sometimes seen to stand in a zero-sum relationship,
particularly in the post-GATT era of multilateral trade. A more nuanced view expects states to …

Given what institutional scholars have described as an inhospitable institutional climate for
entrepreneurial business, why has the German biotechnology industry suddenly taken off …

Institutional systems exert important influences on firms' development of innovative
capabilities. This article examines studies of firms' innovative competencies within the …

Winner of the 2010 Myrdal Prize There is much debate regarding which countries'
economies have the best economic systems to encourage economic growth and …

Examining parallels in the long-term evolution of the German and US university systems, this
paper formulates hypotheses about the rise and decline of university entrepreneurialism at …