Increasing investment in innovation has been a major goal of research and innovation policy in Europe over the past decade. Yet to secure competitive advantage and achieve growth, R&D investment has to be translated into successful innovations, and this is first and foremost the task of firms....

Wie groß sind die Wirkungen der Ausgaben für Forschung und Entwicklung (F&E)? Mit F&E bauen die Unternehmen ihre Wettbewerbsfähigkeit aus und sichern die künftigen Gewinne. Die Forschungsförderung regt die F&E‐Investitionen an und verhilft innovativen Unternehmen zu mehr Wachstum. Mit...

Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other “research” activities, such as software. Second, argument still...