This Paper analyses the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested … in investigating various consequences of government subsidies for R&D, provided to firms that offer products of different …

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with … limits on product market competition or investment subsidies, which encourage the investment-based strategy may be beneficial …

potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …

comparative advantage in producing innovative goods. We illustrate how protection, R&D subsidies, and financial sector development …

innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such … law that moves beyond apparent conflicts and assumes innovation as the starting point. Taking this as the foundation, the … analytical grid to be used to identify ways in which economic law impacts innovation, and second an applied component that …