recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

accelerated by the forces of globalization. These transition economies can serve as laboratories for understanding the innovation … innovation system development in the context of small catching-up economies. Smallness, path dependency, and latecomer status of … such economies create some inherent limitations for their innovation systems, but these special characteristics can offer …

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both … obtained, we find superiority for national funding. -- Subsidies ; Innovation ; Policy Evaluation ; Treatment Effects …

necessary for knowledge production and innovation, the Quadruple Helix is here more explicit. The way how the Quadruple Helix is … democracy" for knowledge, knowledge production, and innovation. This is particularly true when democracy is to be understood to …-evolves with the pluralism, diversity, and heterogeneity of knowledge, knowledge production, and innovation ("Democracy of …