innovators are not protected against others appropriating their ideas, incentives for innovation are suboptimally low. Now, in … most industries and for most potential users, appropriating a foreign innovation is itself an investment decision fraught … with cost and risk. Nonetheless, standard theory predicts too little innovation. Arguably the problem is exacerbated by the …

This study explores the impact of governmental support policies on the innovation of SMEs in the regional strategic … SMEs in the regional industries in Korea. The innovation of SMEs is measured by technological innovation: patent, utility … the innovation of SMEs, this study reviews the literature concerning the innovation and the governmental support policies …