This paper seeks to estimate the effect of a European policy that subsidizes innovation investments. By carefully selecting observables, we compare recipients of the program with non-recipient firms to overcome the endogeneity of R&D grants. We conduct a difference-in-differences design on the...

This unique and informative book highlights the relationship between crisis, innovation, and sustainable development, and discusses the necessary conditions required to seize the ecological opportunity. The authors study the strength of change for building a new society, and the theoretical...

After having sought to reduce production costs, economic policies dedicated to SMEs tend to promote cooperation and to become more and more systemic. These sorts of policies refer to different underlying models in which firms and technology play different roles. This paper aims at studying the...