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Public agencies provide subsidies for small and medium sized businesses (SMEs) to foster their development in terms of employment and sales. Although input and output additionality have been researched intensively little is known about the actual long-term effects of subsidies on SME growth....
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innovation-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …
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One of the main objectives of the new European research and innovation policy agenda is to favour the positive … presents a literature review on the economics of research, innovation and competitiveness, focusing on the evidence available … regarding the determinants for company creation and growth and the role played by Research, Development (R&D) and innovation …
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It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...
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