Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...

This paper analyses the impact of the Italian Startup Act which entered into force in December 2012. This public policy provides a unique bundle of benefits, such as tax incentives, public loan guarantees, and a more flexible labor law, for firms registered as "innovative startups" in Italy....

Die Innovationsfähigkeit moderner Gesellschaften hängt an der Wissenschaft, lautet die verbreitete Annahme. Entsprechend hoch sind die politischen und gesellschaftlichen Erwartungen. Doch folgt Wissenschaft oft eigenen Regeln und Handlungslogiken. Von großem Interesse sind für die...