The governance and organisation of scientific research undertaken for publication have altered significantly since the end of the Second World War in many industrialised economies. These changes have had significant effects on authority relations governing research goals, approaches and the...

This study empirically explores whether the public financial support for entrepreneurial R&D affects employment growth at the firm level. The data from the Finnish companies suggests that the firms that have received public R&D funding have not generally witnessed any greater employment growth...

Economic interest in innovation policy largely arises from the fundamental importance of innovation to social welfare and from well-known inefficiencies in innovation in a competitive market environment. As a result, a wide variety of public innovation policies are used in practice. This report...

This article contributes to the debate on the systemic effects of technology policy by investigating knowledge spillovers of pre-competitive publicly funded Industrial Collective Research (ICR) in Germany. The ICR aims to compensate for obstacles faced by SME in carrying out research and...

Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....