This study focuses on the effect of public funding on internal R&D investment and on total innovation intensity on a … whether or not governments could further foster R&D activities by extending innovation policies to currently not supported … does not uncover any systematic misallocation of public funding for the countries under review. -- Innovation ; Policy …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation. -- Corporate governance ; managerial ownership ; entrenchment ; innovation …