Financing Entrepreneurial Experimentation
NBER Working Paper No. 21278
---- Acknowledgements ----
This paper has been written for the NBER's Book Series, Innovation Policy and the Economy, volume 16. We draw extensively on the examples used in William Kerr, Ramana Nanda and Matthew Rhodes-Kropf (2014) and Ramana Nanda (2015) throughout this chapter. We thank Josh Lerner, Scott Stern, Navid Bazzazian and participants at the 2015 NBER Innovation Policy and Economy Conference for helpful comments. All errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.