This analysis examines whether potential spillover pools for R&D based on technological and/or geographical proximity have a positive impact on firm productivity for Danish firms, and the importance of absorptive capacity for spillover effects. Knowledge spillovers are constructed based on the...

This paper investigates the cash flow effect on R&D investments for firms in Denmark. Evidence is found that internal funds are important in explaining R&D investments, indicating that R&D investment decisions are affected by credit market imperfections. Cash flow sensitivities are larger both...

This paper studies the market valuation of R&D in Denmark for 1989-2001, adding to the limited number of studies of countries outside of the US or the UK. In terms of financial systems or ownership structure, Denmark can be seen as an intermediate case between Anglo-Saxon models in the US and...

In search of differences and similarities in relation to the role and location of science in European societies, we use empirical information from 37 countries as a platform for developing typologies concerning dimensions of science in society. These capture clusters of countries and reveal...

This paper introduces a special section of Science and Public Policy on science in society in Europe. Based on extensive data collected for the Monitoring Policy and Research Activities on Science in Society in Europe (MASIS) project, contributions to this special section explore pertinent...

This Handbook comprehensively examines indicators and statistical measurement related to innovation (as defined in the OECD/Eurostat Oslo Manual). It deals with the development and the use of innovation indicators to support decision-making and is written by authors who are practitioners, who...

While there is growing awareness that much innovation currently takes place in the public sector, it is also recognised that more systematic efforts to promote innovation are needed to address the economic and societal challenges that public sectors face. However, there is a lack of a common...

This paper discusses the development of a mixed methods approach to analyse research funding. Research policy has taken on an increasingly prominent role in the broader political scene, where research is seen as a critical factor in maintaining and improving growth, welfare and international...

This paper builds a model of emerging market crises in which firms are credit constrained and the monetary authorities are limited in their access to foreign currency. The effects of these constraints and their interaction are analyzed in a small open economy that is subject to external shocks...

The aim of this article is to suggest a framework for examining the way national policy mixes are responding to the challenges and opportunities of globally distributed knowledge networks, cross-sectoral technology flows and consequently open innovation processes occurring on an international...