In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by … questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We … several knowledge and innovation indicators, ranging from R&D expenditures, patent data, to newly released data on different …

This study does not find any significant direct relationship between the public R&D funding and the firms' innovation …, we find evidence that the public R&D finance has substantially influenced the innovation output of the firms that have … performance in terms of innovation. Those large firms that have more intensively collaborated with the SMS firm partners in their …