We provide an overview of the specific innovation policies that are implemented at European level, highlighting, where possibile, the connections between these policies and the guidance documents issued by the Community’s institutions. We describe the kinds of policy interventions that are...

Empirical evidence shows that the average return on R&D spending in scientific research decreases with firm size. I provide an explanation to this fact by developing a model of science production where heterogeneous researchers are endogenously allocated to different firms. The main assumption...

There is growing recognition that innovation plays a key role in enhancing competitiveness and enable emerging economies catch up with rich countries. In this sense, Mexico needs to strengthen its national innovation system (NIS) in order to create wealth and reduce poverty and inequality. This...

The decision to cooperate within R&D joint ventures is often based on `expert advice.' Such advice typically originates in a due diligence process, which assesses the R&D joint venture's profitability, for example, by appraising the achievability of synergies. We show that if the experts who...

Descriptive and logit analysis were employed to investigate the impact of social, economic and technical factors on decisions to adopt new agricultural technologies in the Ada and Selale districts of Ethiopia. Peasants follow sequential adoption of technologies. In both study areas, priority is...

This study’s statistical analysis shows that patent quality and innovation in China deserve improvement, and an in-depth legal, management science, and economic analysis in the study shows that various patent-related policies and practices actually hamper patent quality and innovation in...

Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To what extent has this potential been realized so far? What can be done to improve the performance of PPI in this regard? This paper addresses these issues by providing a literature...

Since the enactment of the Brazilian Innovation Law, the country has acquired valuable insights into the intricacies of the innovation process. This acquired knowledge is manifested in the updated New Law of Bidding and Contracts (NLBC), the revised Legal Framework for Startups, and the amended...

The aim of this paper is to introduce the special issue of Small Business Economics on "Radical Innovation, Entrepreneurship, and (Regional) Growth" and present a roadmap for future research in the area. This article argues that the link between the literature on radical innovation,...

In the literature, it is widely discussed whether the pharmaceutical industry is going through an innovation crisis. Unfortunately, no comprehensive review exists to date that outlines the main empirical findings. In this paper, we provide an extensive survey on what is currently known about the...