... with region and OECD fixed effects to test whether more economic freedom is associated with more innovation. Findings The findings reveal that the effect of market institutions on innovation is promoted by both knowledge and creativity. When innovation is broken down into its component measures...

..., entrepreneurship courses are related to venture creation while counseling is not. Research limitations/implications Consistent with theory, the results suggest that counseling programs allow entrepreneurs to develop context‐specific tacit knowledge about their ventures and are best delivered immediately prior...