Recent research has shown that the grammatical representation of the future in languages influences how future-oriented an individual behaves in her private life. In this paper, I examine whether this effect of language characteristics on a person's behaviour is also evident in the business...

Projects involving new product development often require tight collaboration among several firms. The success of such projects depends on all firms' committing resources and generating high quality outputs. We consider a setting with a firm and her collaborator engaging in a collaborative...

Periodic research evaluations are necessary to allocate funding, but they also create pressure on researchers. Between grants, short contracts and university assessments, researchers often state that evaluations leave them little time to pursue novel research agendas and publish in more...

Ever since it was adopted in 2015 by the United Nations, the 2030 Agenda for Sustainable Development has acted as the main guideline for European Union Member States in regard to achieving economic prosperity, environmental sustainability and peaceful, inclusive and innovative societies....

M&As have been used as one of the most preferable strategies for firm growth. However, the motivations for M&A have changed mainly because the nature of technologies is changing. Due to the complicated nature of the latest technologies such as IoT and AI, as well as their rapid pace of change,...

There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...

In this paper we estimate a model of production and investment based on the theory of dynamic duality and are particularly Interested in the effects of R&D spillovers and in calculating the social and private rates of return. We identify and estimate three effects associated with the...

This paper examines available U.S. data on academic R&D expenditures and the number of papers published and the number of citations to these papers as possible measures of `output' of this enterprise. We look at these numbers for science and engineering as a whole, for 5 selected major fields,...

We examine the impact of publicly funded biomedical research on the in-house research of the for-profit pharmaceutical industry. Qualitative analysis of the history of the discovery and development of a sample of 21 significant drugs, and a program of interviews with senior managers and...