Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host …

economic prospects, firms had to cut costs and reconsider their business strategies. With respect to innovation, cost cutting … often means to stop or underresource innovation projects which may harm a firm's long-term competitiveness. Firms may … therefore refrain from reducing innovation budgets during crises but rather deliberately allocate more resources to innovation …

R&D subsidies on the knowledge-sourcing process increase firms’ innovation outcomes, thus making this policy … intervention effective in promoting innovation. By using panel data from Spanish manufacturing firms, this article presents … Spain also favor more firm innovation, measured by patent applications and new product launches. It is also documented that …

Germany, we analyze how policy induced demand stimulates innovation. Taking the size of the market as a proxy for demand and … patent counts as a proxy for innovation, we find support that the presence of institutions enabling diffusion of GTs are … structural break by comparing the two institutional settings incorporated into the legal system in Germany, namely the …

Systemic innovation theory emphasizes that innovations are the result of an interdependent exchange process between … different organizations. This is reflected in the current paradigm in European innovation policy, which aims at the support of … collaborative R&D and innovation projects bringing together science and industry. Building on a large data set using project …

We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …