Over the past two decades, a wide empirical literature has addressed the theme of firm-level financial constraints, supporting the hypothesis that the availability of internal funds is indeed a major driver of investment decisions. The largest part of such empirical analyses detects the presence...

The COVID-19 crisis has revealed the deep technological and production dependencies of the EU on third countries in sectors deemed as particularly strategic and has thus fuelled the debate on (the lack of) European technological sovereignty in critical fields. This article argues that in the...

This article analyzes, empirically, the link between public procurement and innovation activities by taking into account the moderating effect played by import penetration on public procurement. Using industry-level information on patent applications for 24 countries over the period 1995-2012,...