This paper integrates findings from several different case studies on Mission-Oriented Innovation Policies (MOIPs) and makes use of existing literature to briefly describe three other missions: The War on Cancer, homeownership in the United States, and the Swedish Million Program. Together with...

The notion that society should be organized around large so-called missions has gained momentum in public debate, and the reemergence of active industrial policy across the world has been inspired by academic scholars promoting the idea of Mission-Oriented Innovation Policies (MOIPs). The volume...

In the attempt to boost innovation, policy-makers have enacted a myriad of programs targeting innovative start-ups in recent years. Empirical evidence on these initiatives has almost exclusively focused on national-level programs, overlooking those implemented at the local level. This paper...

Research and innovation partnerships involving firms or firms and public research organizations (PROs) have been increasing over the last twenty years in OECD countries. In this paper we present empirical evidence about the impact of government sponsored R&D programs on firms' partnership...

Two main targets of contemporary preferential innovation policy support, especially in Europe, are key enabling technologies (KETs) and innovation 'missions' focused on solving societal challenges. Both topics are associated with uniting disparate sets of capabilities, either by driving...

The effects of government R&D subsidies can vary across recipient firms, depending on the various characteristics of a firm, potentially including the firm's accounting information quality (AIQ). It has been well recognized that high AIQ helps to reduce information asymmetry between investors...

US military Research and Development (R&D) expenditures arguably represent the best example of mission-oriented policy. They are sizeable, with a clear-cut public purpose (national defense) and with the government being their exclusive beneficiary. Exploiting a longitudinal dataset linking...

We study the impact of alternative innovation policies on the short- and long-run performance of the economy, as well as on public finances, extending the Schumpeter meeting Keynes agent- based model (Dosi et al., 2010). In particular, we consider market-based innovation policies such as R&D...

Staatliche Forschungsinstitute waren in China und Indien lange Zeit die wichtigsten Träger von FuE. Die Entwicklung innovativer Unternehmen war durch die Trennung zwischen Forschungs- und Unternehmenssektor behindert. Um die internationale Wettbewerbsfähigkeit der Unternehmen zu erhöhen,...

This study investigates the effects of an R&D subsidy scheme on participating firms' net R&D investment. Making use of a specific policy design in Belgium that explicitly distinguishes between research and development grants, we estimate direct and cross-scheme effects on research versus...