It has been shown that firms tend to develop different modes of innovation triggered by the relationship between different types of knowledge and learning processes underpinning it. This paper aims at identifying different modes of business innovation; second, relating them to firms' innovative...

The effects of public subsidies in supporting innovative activity is subject to long-standing debates. Since empirical findings remain largely inconclusive, this study adds to this debate with counterfactual evidence from a laboratory experiment. In a creative real effort task simulating the...