This paper considers the link between public policy and innovation and contributes to the notion that public policies that do not directly address innovation carry along important implications for it. It explores the role of regulation for innovation and innovation policy by emphasizing the...

The determinants of R&D are an important topic of innovation studies. The classical Schumpeterian hypotheses about the influence of size and market power have been complemented with the role played by industry determinants, such as demand pull, technological opportunity and appropriability, in...

In this article we develop an analytical model of the selection process for R&D cooperative projects, to study the factors that motivate public project selection and corresponding funding, using two different financial instruments: subsidies and credits. For this purpose, we propose a three...