Knowledge-based capital is a key factor for productivity growth. Over the past 15 years, it has been increasingly recognised that knowledge-based capital comprises much more than technological knowledge and that these other components are essential for understanding productivity developments and...

Aiming at fostering the transition towards a sustainable knowledge-based Bioeconomy (SKBBE), the German Federal Government funds joint and single research projects in predefined socially desirable fields as, for instance, in the Bioeconomy. To analyse whether this policy intervention actually...