recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

evidence for incentive and financing problems for private sector investment in innovation projects has provided ground for … governmental interventions to prevent welfare reducing underinvestment in innovation. However, the survey of the literature shows …

evidence for incentive and financing problems for private sector investment in innovation projects has provided ground for … governmental interventions to prevent welfare reducing underinvestment in innovation. However, the survey of the literature shows …

privately financed R&D and subsidyinduced R&D investment to evaluate their respective effects on innovation performance. The … collaborate internationally as well as for SMEs. -- Innovation Policy ; Subsidies ; R&D ; SMEs ; International Collaboration … ; Treatment Effects ; Innovation Performance …

innovation endogenously determines the dynamics of technology, and, therefore, market leadership and trade flows, in a world with … innovation motive, (ii) the expansionary innovation motive, and (iii) technology spillovers. The theoretical investigation …, dynamically, intensified globalization boosts domestic innovation through induced international competition. Accounting for …