between small and medium-sized (SME) and large (LE) enterprises. Using data from the Mannheim Innovation Panel (MIP) 2015 …

between small and medium-sized (SME) and large (LE) enterprises. Using data from the Mannheim Innovation Panel (MIP) 2015 …

competition on R&D according to the cost of the innovation. The effect of competition on R&D is an inverted U-shape. However, the … shape is flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly …. Intuitively, if innovations are costly for a firm, competitive shocks have to be significant to alter its innovation decisions …

entrants. Focusing primarily on pharmaceutical innovation, we analyze various policy interventions to solve this … an underlying invention's social value, and we show how such a system could incentivize socially optimal innovation …

identify and quantify the impact of environmental regulations, innovation-inputs, firm-specific characteristics, spillovers … from other green innovators, public funding and innovation co-operations on the propensity of firms to introduce …

requires intervention. Our general result suggests that public policies should be softer when innovation is an important source …