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Introduction / David D. Dill, Frans A. Van Vught -- Australia / V. Lynn Meek, Leo Goedegebuure, Jeannet Van Der Lee -- Canada / Donald Fisher, Kjell Rubenson -- Japan / Akira Arimoto -- The European Union / Frans A. Van Vught -- Finland / Seppo Hölttä -- Germany / Jürgen Enders -- The...
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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 …
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considering not only product innovation, but also exploratory (long-term) and exploitative (short-term) results. We administer a … them. Moreover, we observe that small firms report higher benefits in terms of product innovation and long-term results in …
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