The question of financing innovative small business is determinant in the current context. Giving the share that they represent in the market, they contribute to increase productivity of the economy. The problems of financing the SME’s are related to the almost intangible specificity of their...

In attempting to appropriate their innovations, firms can choose from a range of mechanisms, including patents, trade secrets and lead-times. Yet, little is known about how firms choose different appropriability mechanisms. The aim of this paper is to determine how the use of intellectual...

This paper addresses the question of what options are available to regulate the sector in the near future. In order to answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying on existing literature, we argue that ex ante...