modifications expanded the concept of fixed capital to include intangible capital. The underlying drivers of innovation have … innovation in growth. But they also point to the importance of competition and firm entry and exit as key motivators for firms to …

R&D subsidies on the knowledge-sourcing process increase firms’ innovation outcomes, thus making this policy … intervention effective in promoting innovation. By using panel data from Spanish manufacturing firms, this article presents … Spain also favor more firm innovation, measured by patent applications and new product launches. It is also documented that …

, particularly of university scientists, is positively related to innovation; (vi) there are many university spin-offs but these are …

, particularly of university scientists, is positively related to innovation; (vi) there are many university spin-offs but these are …