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Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...
Persistent link: https://www.econbiz.de/10012876072
Public financial support for firm-level Research and Innovation (R&I) can generate important socio-economic returns. This is especially true if firms use this support to develop radical innovation, defined as new-to-market goods and services. However, radical innovation is risky, and prone to...
Persistent link: https://www.econbiz.de/10014476374
Firm-level Climate Action Response Plans (CARPs) are strategic plans comprising firms' climate change mitigation and adaptation commitments. Given the importance of CARPs for meeting climate change targets, encouraging firms to develop CARPs is paramount. When designing evidence-based approaches...
Persistent link: https://www.econbiz.de/10015211869
Climate change can cause major challenges for Small and Medium-sized Enterprises (SMEs). Responding and adapting to such challenges is crucial, as SMEs are vital for driving economic growth and employment in most countries. Investing in R&D is a key way in which SMEs can build the capacities...
Persistent link: https://www.econbiz.de/10015416782