García-Quevedo, José; Pellegrino, Gabriele; Savona, Maria - Institut d'Economia de Barcelona (IEB), Facultat … - 2014
This paper looks at the effects of demand uncertainty and stagnancy on firms’ decisions to engage in R&D activities and the amount of financial effort devoted to it. The paper contributes to the innovation literature in three respects: first, it adds to the revived debate on demand-pull...