Subsidies for R&D are an important tool of public R&D policy, which motivates extensive scientific analyses and evaluations. The paper adds to this literature by arguing that the effects of R&D subsidies go beyond the extension of organizations' monetary resources invested into R&D. It is argued...

The paper contributes to the debate on how to measure regions' innovation performance. On the basis of the concept of regional innovation efficiency, we propose a new measure that eases the issue of choosing between industry-specific or global measures. We argue for the use of a robust...

Innovation development is declared as one of the key objectives of social and economic policy in Russia. The purpose of the work was to identify regions with the highest innovation capacity and developed regional innovation system, where support of innovation activities would be the most...

Clusters and cluster policy has become a widespread phenomena. The general thought shows that, somehow, clusters are directly related to business competitiveness and regional growth. In this context, the Spanish Ministry of Industry has implemented a cluster policy since 2007 known as the AEIs...

Studies analyzing the importance of intra- and inter-regional cooperation for regional innovation performance are mainly of qualitative nature and focus strongly on the positive effects that high levels of cooperation can yield. For the case of the German labor market regions and the Electrics &...

Concerns are mounting over the potential for weak future growth as the Korean economy faces a wide range of structural issues including an aging society, a crisis in key regional industries, and the COVID-19 pandemic. Due to these concerns, the Korean government has established innovation growth...

Due to the structural low-growth around the globe and the advent of the 4th Industrial Revolution, industrial and regional policy see a paradigm shift. Industrial policies shift from ‘picking or backing winners’ to ‘matching winners’. ‘Matching winners’ industrial policy aims to...