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Dynamics of Science-based entrepreneurship

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Abstract

This article introduces the rationale for the special issue, summarizes the main themes covered by the papers presented and suggests areas for further research. Previous research has focused on the creation of Science-based entrepreneurial firms (SBEFs) but there is little research relating to their growth and the challenges in ensuring growth occurs. At the macro-level, there is a need to distinguish general versus specific policies and how these vary between different institutional environments. At the firm level, there is a need to consider the factors influencing the development of boards, the growth of SBEFs and their dynamics in terms of acquisitions and IPOs.

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Notes

  1. A few recent studies have analyzed the impact of public subsidies on the innovation (Schneider and Veugelers 2008) and growth (Colombo et al. 2008) performances of (German and Italian, respectively) high-tech start-ups. They suggest that policy interventions generally fail to make a difference for these companies. However, better results are obtained with selective supporting schemes, especially when recipient firms are very young.

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Colombo, M., Mustar, P. & Wright, M. Dynamics of Science-based entrepreneurship. J Technol Transf 35, 1–15 (2010). https://doi.org/10.1007/s10961-009-9114-6

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