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

During the last 20 years, R&D and innovation activities in the service sector have clearly increased. Especially …" of technological information within the economy. They are providers, purchasers or partners in the context of innovation …. A sound innovation capacity, especially knowledge, creativity, market and management skills let them become bridges for …

The use of public procurement to promote private innovation activities has attracted increasing attention recently … to investigate whether this reform stimulated innovation in the business sector. Across a wide set of specifications …

This study analyzes the effects of public R&D policy schemes on the innovation activities of firms located in Eastern … their innovation activities by about four percentage points. …