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Free Content Seed funding for innovative ventures: A survey of selection mechanisms for a public support scheme

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Abstract:

This paper focuses on public innovation support for ventures in their early stages of development. Based on quantitative analysis of programme-specific data, the authors explore and discuss what mechanisms have influenced a public sector actor in selecting ideas for funding. The main findings show, first, that the 'legal form of the firm' and the 'type of industry' are the main factors that discriminate among firms that have gained public financial support and, second, that explicit and tacit selection criteria affect the process that determines which ideas are to receive support.

Keywords: EARLY-STAGE VENTURES; PUBLIC INNOVATION SUPPORT; SELECTION MECHANISMS; SUPPORT SCHEMES

Document Type: Research Article

DOI: http://dx.doi.org/10.5367/000000008783563028

Publication date: February 1, 2008

More about this publication?
  • Published quarterly, this journal provides a worldwide forum for the exploration and dissemination of ideas and experience relating to the development and application of entrepreneurship. IJEI is interdisciplinary, publishing the highest-quality work in business and management and in the social sciences. Authors and readers are drawn from government, industry and universities. It has particular appeal to researchers and teachers in higher education, especially in business schools, and university departments of management, sociology and psychology.

    Each issue includes double-blind peer-reviewed papers; a case study with teaching notes, an 'Internet Review' section which identifies and reviews Websites on a selected topic, and book reviews. For key topics go to www.ippublishing.com.
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