“…An innovation policy may be conceptualized as a series of governmental activities translated into plans, programs, projects or actions aimed at fostering innovation (Audretsch & Link, 2012;Bajmócy & Gébert, 2014;Landström et al, 2012;Landström et al, 2015;Öner & Kunday, 2016;Patanakul & Pinto, 2014). Given that such policies directly affect existing businesses and have the potential of contributing to the creation of new ones, they must be integrated with the entrepreneurship policies (Bhupatiraju et al, 2012;Fagerberg, Fosaas, & Sapprasert, 2012;Landström et al, 2015), which in turn are aimed at fostering the creation of new businesses and/or strengthening the existing ones (Borges, Bezerra, Silva, Andreassi, & Ferreira, 2018;Lundström & Stevenson, 2005;Minniti, 2008;Mirzanti et al, 2015;Öner & Kunday, 2016;Qian & Haynes, 2014). Despite the similarities, innovation and entrepreneurship policies are usually dissociated from one another in such a way that most of the current innovation policies have goals that do not reflect the context they were meant for (Audretsch & Link, 2012;Bajmócy & Gébert, 2014).…”