Direct public support for business R&D is a well-established remedy to market failures, yet empirical evidence on its effectiveness yields conflicting results. The paper investigates the impact of the first European public R&D grant program targeting small and medium enterprises (i.e. the SME...

This paper investigates the relationship between patenting and publication of research results by university faculty members. Our study adds to the limited evidence on this topic with an empirical investigation based on a panel data set for a broad sample of university researchers. Results...