Innovation Survey (CIS). The empirical results demonstrate that R&D location matters for profitability. Firms with both domestic … than firms that solely conduct R&D activities in their home country. -- R&D ; Innovation ; Internationalisation ; Firm …

. redefinition of industrial, regional and innovation policy to characterise and stimulate the economies along a new growth path. It … the history and the way forward of European industrial policy. As regional and innovation policy are fully intertwined … the role of clusters for the new growth path and the contribution of green innovation, especially in the energy sector, to …

A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …