To better understand how academic research can contribute to innovative growth and to assess how Europe is and could be … importance to the study of the innovation process, only recently research has started to attempt to trace researchers … factor for tech transfer identified is the quality of the research faculty and their created ideas. Overall, the most salient …

decisions. Three types of investments are considered: investments in applied research, investments in basic research, and … investments in intellectual property protection. Only when basic research is performed, can the firm effectively access incoming … knowledge flows and these incoming spillovers serve to increase the efficiency of own applied research. The firm can at the same …