The present paper emphasizes the role of demand, income distribution, endogenous productivity reactions, and other … the last four decades. In particular, it is explained that weak net export demand, fiscal conservatism, and the increase … in income inequality have put downward pressure on demand. Up until the crisis, this pressure was partially compensated …

This paper looks at the effects of demand uncertainty and stagnancy on firms' decisions to engage in R&D activities and … innovation literature: first, it adds to the recently revived debate on demand-pull perspectives in innovation studies by … examining demand-related (lack of) incentives to invest in innovation. Second, it complements the emerging literature on …