Perez-Alaniz, Mauricio; Lenihan, Helena; Doran, Justin; … - 2024
Public financial support for firm-level Research and Innovation (R&I) can generate important socio-economic returns …. This is especially true if firms use this support to develop radical innovation, defined as new-to-market goods and … services. However, radical innovation is risky, and prone to failure. Therefore, subsidising radical innovation can also …