This paper integrates innovation input and output effects of R&D subsidies into a modified Crépon–Duguet–Mairesse (CDM) model. Our results largely confirm insights of the input additionality literature, i.e. public subsidies complement private R&D investment. In addition, results point to...

Elaborated in 2008 as part of the new industrial policy, the concept of smart specialisation has quickly become of key importance for the EU 2020 innovation strategy. New activities are to be nominated at the regional level that aim at exploring and discovering new technological and market...

The notion of smart specialisation is an important framework in the structural funding period 2014-2020. Although the original academic concept of this policy was sectorally oriented and focused on the productivity gap between the EU and the US, it is increasingly applied to regional innovation...