While most economists believe that public scientific research fuels industry innovation and economic growth, systematic … size as a significant driver of drug innovation in the pharmaceutical industry, but they did not find any evidence … supporting science-driven innovation from publicly funded research. This paper uses new data on biomedical research investments …

Although there seems to be consensus in the literature that venture capital investors increase the innovation output of … from seven European countries, we investigate which form of venture capital is most supportive of innovation. Our results … suggest that in companies financed by syndicates and by private venture capital investors, the innovation output increases …

We analyze the effects of captive off-shoring of innovation activities on the firms' ability to adapt their … Community Innovation Survey to test our hypotheses. We find an inverted u-shape of innovation off-shoring on the effectiveness … of organizational adaptability, implying an optimal threshold value of innovation off-shoring. This value is 11% for …

; innovation ; environmental innovation ; organizational change ; productivity …

Non-technological innovation is an important element of firms' innovation activities that both supplement and … complement technological innovation, i.e. the introduction of new products and new processes. We analyse the spread of … nontechnological innovation in firms, their relation to technological innovation, and their effects to firm performance and success …

This paper investigates to what extent the usage of information and communication technology (ICT) fosters innovation … that ICT use is associated with an increase in both types of flexibility but the implications for innovation activities …