Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...

Since the UsedSoft ruling of the CJEU in 2012 there has been the distinct feeling that – like the big bang - UsedSoft signals the start of a new beginning. As we enter this brave new world, the Copyright Directive will be read anew: Misalignments in the treatment of physical and digital...

The NASA/Florida Minority Institution Entrepreneurial Partnership (FMIEP) represents a new infrastructure for technology transfer based on an alliance between the National Aeronautics and Space Administration (NASA) - Kennedy Space Center (KSC), the TechnoIogical Research and Development...

Launch Aid has crucially facilitated civil aerospace product development efforts in the UK. Currently Launch Aid figures centrally in the charged international dispute over civil aerospace subsidies, in which it has been characterized variously as an instrument of infant industry policy,...

Open banking (OB) empowers bank customers to share transaction data with fintechs and other banks. 49 countries have adopted OB policies. Consumer trust in fintechs predicts OB policy adoption and adoption spurs investment in fintechs. UK microdata shows that OB enables: i) consumers to access...

One of the key benefits of cities is that they allow the exchange of knowledge and information between economic actors. This may have two effects: it may create the conditions for entirely new innovations to emerge, and it may allow firms to learn innovations from those nearby. Yet few studies...

Using a linked employer-employee dataset, we present new evidence on the role of firms in British wage inequality trends over the past two decades. The extent of differences between firms in the average wages they paid did not drive these trends. Between 1996 and 2005, greater wage variance...

This paper uses the French and the UK Labour Force Surveys and the German Microcensus to estimate the effects of different components of the labour force on innovation at the sectoral level between 1994 and 2005. The authors focus, in particular, on the contribution of migrant workers. We adopt...