Increasing investment in innovation has been a major goal of research and innovation policy in Europe over the past decade. Yet to secure competitive advantage and achieve growth, R&D investment has to be translated into successful innovations, and this is first and foremost the task of firms....

Baden-Württemberg gehört zu den führenden Wirtschafts- und Innovationsstandorten in Deutschland und Europa. Dazu leisten sowohl Großunternehmen wie auch der gewach-sene und breite Mittelstand (hidden champions) einen entscheidenden Beitrag. In den letzten Jahren zeigte sich allerdings eine...

This chapter provides an overview of grant funding as an innovation policy tool aimed at both practitioners and science policy scholars. We first discuss how grants relate to other contractual mechanisms such as patents, prizes, or procurement contracts, and argue that, among these, grants are...