The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry … on supermodularity and submodularity tests for obstacles to innovation (in the present application: lack of finance … analysis highlights the two phases of the innovation process in terms of the propensity and intensity of innovation. The …

promotion. In this paper, we assess one popular justification for feed-in tariffs, i.e., induced innovation as a positive … spillover externality. Based on regressions with a time-technology fixed effect negative binomial model, we find that innovation …

measure for the innovative activity of a firm to identify the effects of credit constraints on the innovation behaviour of … financing conditions do not foster it. To explain this novel result we extend the usual theory of innovation activity by … rigidities with respect to a firm's individual innovation capacity, which leads to a differentiation between a long run and a …

innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …' innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … desire of governments to foster risky 'breakthrough' innovations. -- business taxation ; innovation ; market entry …

. We exploit firm-level panel data on product and process innovation activities in the United Kingdom and find that the … countries increased process innovation and reduced product innovation. This implies that the innovation response to labor supply …-skill intensity of firm production as well as firm size. In addition, the reduction in product innovation is lessened for firms whose …

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …