Policies for the Provision of Finance to Science-based Entrepreneurship

Policymakers have become increasingly involved in fostering entrepreneurial activity, especially in science-based sectors. The many studies on policy measures and initiatives implemented to support science-based entrepreneurship constitute several lines of research that have not yet been integrated. Drawing primarily upon refereed articles on entrepreneurship, entrepreneurial finance, and management, our review covers four areas: (i) factors fostering the establishment of science-based entrepreneurial firms; (ii) policies fostering the establishment of science-based entrepreneurial firms; (iii) the financing of science-based entrepreneurial firms; and (iv) policies fostering the provision of finance to science-based entrepreneurial firms. This literature review describes the scope of scholarly inquiry into these topics by providing a systematic overview of the most relevant research findings and then identifies lines for future investigation.