substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating ’Long–Covid’ effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …, innovation spending was even 5.4 % lower compared to the counterfactual scenario without the pandemic. Firms with higher pre …

the pandemic (2020), but also in the two subsequent years indicating ’Long–Covid’ effects on innovation. Furthermore …, firms with higher pre-treatment digital capabilities show higher innovation resilience during the pandemic. Finally, our … results show an asymmetric firm behaviour. Firms profiting from the pandemic situation also cut their innovation activities …

In 2020, firms expected their innovation expenditures to decrease by about 2% in 2020 compared to 2019. This decline is … much smaller than that in 2009 following the financial crisis, when innovation expenditures fell by 11%. However, smaller … firms with 5 to 99 employees planned to cut their innovation expenditures by 7% to 17 % in 2020. For 2021, firms planned a …

In 2020, firms expected their innovation expenditures to decrease by about 2% in 2020 compared to 2019. This decline is … much smaller than that in 2009 following the financial crisis, when innovation expenditures fell by 11%. However, smaller … firms with 5 to 99 employees planned to cut their innovation expenditures by 7% to 17 % in 2020. For 2021, firms planned a …

-driven environmental innovation may impose additional costs to firms and lower their profits. On the other hand, eco-innovators could … profit from lower uncertainty in innovation due to regulatory standards and demand-generating effects of regulation. In this … paper we analyse (a) whether regulation-driven environmental innovation generate similar innovation success compared to …

Increasing investment in innovation has been a major goal of research and innovation policy in Europe over the past … innovations, and this is first and foremost the task of firms. Turning R&D into successful innovation is a tricky business … tool for achieving successful product innovation. …