The 2008 economic crisis has severely reduced the short-term willingness of firms to invest in innovation. But this reduction has not occurred uniformly and a few firms even increased their investment in spite of the adverse macroeconomic environment. This paper, based on the latest three waves...

This paper compares investments in innovation from the early days of the financial crisis up to mid 2009 using a survey covering more than 5,000 firms across twenty one European countries. Our interest is in how differences in labour market institutions and human capital affect a firm's...

1. At the root of the crisis : some proposed explanations -- 2. Technological change, patterns of innovation, and economic development : the contribution of the neo-Schumpeterian research -- 3. The role of the rules : national systems of innovation and labour market institutions -- 4. Is the...