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State governments as financiers of technology startups: Evidence from Michigan's R&D loan program

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Cited by:

  1. Reypens, Lina & Bacq, Sophie & Milanov, Hana, 2021. "Beyond bricolage: Early-stage technology venture resource mobilization in resource-scarce contexts," Journal of Business Venturing, Elsevier, vol. 36(4).
  2. Santoleri, Pietro & Russo, Emanuele, 2025. "Spurring subsidy entrepreneurs," Research Policy, Elsevier, vol. 54(1).
  3. Borgomeo, Letizia & Koenig, Christoph & Miotto, Martina, 2025. "The long-run effects of R&D subsidies on high-tech start-ups: Insights from Italy," Economics Letters, Elsevier, vol. 248(C).
  4. Liu, Yuanyuan & Liu, Guanchun & Zhang, Chengsi, 2021. "Local land supply and fiscal incentives for R&D: Evidence from a quasi-natural experiment in China," China Economic Review, Elsevier, vol. 68(C).
  5. Suyun Chen & Yu Ji, 2022. "Do Corporate Social Responsibility Categories Distinctly Influence Innovation? A Resource-Based Theory Perspective," Sustainability, MDPI, vol. 14(6), pages 1-25, March.
  6. Zahlan, Ahmed, 2025. "Strategic resource mobilization for AI entrepreneurship in healthcare: Qualitative insights from startup founders," Technovation, Elsevier, vol. 145(C).
  7. Zhao, Qiuhan & Wu, Wei & Ge, Yuanqin & Xu, Jing, 2025. "Can intellectual property protection policy enhance enterprise innovation capability? Quasi-natural experimental study," International Review of Financial Analysis, Elsevier, vol. 103(C).
  8. Lanahan, Lauren & Joshi, Amol M. & Johnson, Evan, 2021. "Do public R&D subsidies produce jobs? Evidence from the SBIR/STTR program," Research Policy, Elsevier, vol. 50(7).
  9. Nadine Weuschek, 2025. "Does public funding reduce financial constraints of young firms in Germany?," Journal of Business Economics, Springer, vol. 95(1), pages 103-154, January.
  10. Supradeep Dutta & Jenna Rodrigues & Timothy B. Folta, 2023. "Does NIH select the right healthcare ventures through the SBIR grant program?," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1206-1220, August.
  11. Qiong Liu & Junhua Guo, 2025. "The Effects of Government R&D Investment and Policy Ambiguity on Regional Innovation: Evidence from China," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(2), pages 8060-8084, June.
  12. Chiappini, Raphaël & Montmartin, Benjamin & Pommet, Sophie & Demaria, Samira, 2022. "Can direct innovation subsidies relax SMEs’ financial constraints?," Research Policy, Elsevier, vol. 51(5).
  13. Matricano, D. & Liguori, E.W., 2026. "Rethinking entrepreneurial ecosystems: Evaluating the performance impact of top-down design," Technology in Society, Elsevier, vol. 84(C).
  14. Giuseppe Albanese & Raffaello Bronzini, 2026. "The impact of public incentives on the birth of innovative start-ups," Small Business Economics, Springer, vol. 66(3), pages 1309-1332, March.
  15. Fini, Riccardo & Perkmann, Markus & Kenney, Martin & Maki, Kanetaka M., 2023. "Are public subsidies effective for university spinoffs? Evidence from SBIR awards in the University of California system," Research Policy, Elsevier, vol. 52(1).
  16. Berger, Marius & Gottschalk, Sandra, 2025. "Amplifying angels: Evidence from the INVEST program," Journal of Business Venturing, Elsevier, vol. 40(1).
  17. Bajgar, Matěj & Srholec, Martin, 2025. "Crowding in or crowding out? Evidence from discontinuity in the assignment of business R&D subsidies," Journal of Public Economics, Elsevier, vol. 245(C).
  18. Clayton, Paige, 2024. "Mentored without incubation: Start-up survival, funding, and the role of entrepreneurial support organization services," Research Policy, Elsevier, vol. 53(4).
  19. Guo, Di & Guo, Yan & Jiang, Kun, 2022. "Government R&D support and firms’ access to external financing: funding effects, certification effects, or both?," Technovation, Elsevier, vol. 115(C).
  20. Nilanjana Dutt & Colleen Cunningham, 2025. "Energizing Change: How Policies and Experience Drive Research and Development," Strategy Science, INFORMS, vol. 10(4), pages 371-387, December.
  21. Devarakonda, Ramakrishna & Liu, Aqi, 2024. "A legitimacy-based view of the impact of government venture capital on startup innovation: Evidence from a transition economy," Other publications TiSEM 3afc4804-f469-4dd7-bb34-8, Tilburg University, School of Economics and Management.
  22. Bendig, D. & Brüss, L. & Degen, F., 2025. "Entrepreneurship in the renewable energy sector: A systematic literature review of types, characteristics, and sustainability impacts," Renewable and Sustainable Energy Reviews, Elsevier, vol. 212(C).
  23. Berger, Marius & Hottenrott, Hanna, 2021. "Start-up subsidies and the sources of venture capital," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
  24. Gary Chapman & Hanna Hottenrott, 2024. "Founder Personality and Start-up Subsidies," Industry and Innovation, Taylor & Francis Journals, vol. 31(2), pages 241-270, February.
  25. Berger, Marius & Gottschalk, Sandra, 2021. "Financing and advising early stage startups: The effect of angel investor subsidies," ZEW Discussion Papers 21-069, ZEW - Leibniz Centre for European Economic Research.
  26. Jaroslaw Korpysa & Uma Shankar Singh & Swapnil Singh, 2023. "Validation of Decision Criteria and Determining Factors Importance in Advocating for Sustainability of Entrepreneurial Startups towards Social Inclusion and Capacity Building," Sustainability, MDPI, vol. 15(13), pages 1-21, June.
  27. Natcha Thawesaengskulthai & Awirut Chatmarathong & Jarotwan Koiwanit, 2024. "Impact and policy supporting Thailand innovation driven enterprise: orchestrating university innovation and entrepreneurship ecosystem with public and private stakeholders," Journal of Innovation and Entrepreneurship, Springer, vol. 13(1), pages 1-44, December.
  28. Matricano, Diego, 2024. "Designing effective policies for innovative start-ups: Lessons learned in Italy," Journal of Business Venturing Insights, Elsevier, vol. 22(C).
  29. Feng Xiao & Meng Weidong & Huang Bo, 2021. "Research on Innovation Signals and Feedbacks between SMEs and the Government," Entrepreneurship Research Journal, De Gruyter, vol. 11(2), pages 71-98, April.
  30. Silvia Appelt & Matej Bajgar & Chiara Criscuolo & Fernando Galindo-Rueda, 2025. "How effective are R&D tax incentives? Reconciling micro and macro evidence," CEP Discussion Papers dp2071, Centre for Economic Performance, LSE.
  31. A.Y. de Costa & Vathsala Wickramasinghe, 2024. "Effect of entrepreneurial leadership on exploratory innovation – The role of intrinsic motivation and environment dynamism as moderators in the IT sector of Sri Lanka," Post-Print hal-05480065, HAL.
  32. Wenjing Sun & Zheng Wang & Yongxin Huang & Yifan Li, 2024. "Unlocking SME growth: Analyzing the government subsidies’ impact on financing in China," PLOS ONE, Public Library of Science, vol. 19(8), pages 1-29, August.
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