endogenous share opts for innovation and faces credit constraints in the subsequent expansion phase. We emphasize four results …: (i) R&D subsidies not only encourage innovation but also relax finance constraints and help innovative firms to exploit … investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …

regard to the capital gains tax, innovation subsidy, public R&D spending and other policy initiatives. …

Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms …

occupations are also a fundamental, but overlooked, driver of innovation. Theory also suggests cities are important for both … the links between creative industries, occupations, cities and innovation at the firm level. This paper addresses this gap … driver of innovation. We find no support for the hypothesis that urban creative industries firms are particularly innovative …

concentration and innovation. This paper addresses this gap with an analysis of around 1,300 UK SMEs. The results suggest that firms …

Innovation is a crucial driver of urban and regional economic success. Innovative cities and regions tend to grow … small body of innovators gain relative to others, innovation may lead to inequality. The evidence on this point is … first comparative evidence on the link between innovation and inequality in a continental perspective. Using micro data from …