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impact of public intervention on private R&D and innovation, with a focus on the latest results from crosscountry micro …
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This paper reviews the empirical literature on rates of return on R&D and interprets the economic significance of these estimates using a semi-endogenous growth model with a calibrated knowledge production sector. We analyse how R&D subsidies, a reduction of entry barriers for start-ups and...
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The European Union has prioritised the pursuit of innovation-based growth and targeting of resources to promote … research and development, but performance on innovation remains weak. With the lack of results comes fatigue, waning interest …? We examine EU member state research and innovation policies. We assess whether the deployment of innovation policy …
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