In the recent past, interest of Science, Technology, and Innovation (STI) policies to influence the innovation behaviour of firms has been increased considerably. This gives rise to the notion of behavioural additionality, broadening traditional evaluation concepts of input and output...

This study provides factual evidence for and support of the final evaluation of ENIAC and ARTEMIS JUs, as well as of the interim evaluation of ECSEL JU. Evidence on achievements and effectiveness of ENIAC and ARTEMIS JUs with respect to the implementation of research agenda and impact, the...

This study provides factual evidence for and support of the final evaluation of ENIAC and ARTEMIS JUs, as well as of the interim evaluation of ECSEL JU. Evidence on achievements and effectiveness of ENIAC and ARTEMIS JUs with respect to the implementation of research agenda and impact, the...

This study provides factual evidence for and support of the final evaluation of ENIAC and ARTEMIS JUs, as well as of the interim evaluation of ECSEL JU. Evidence on achievements and effectiveness of ENIAC and ARTEMIS JUs with respect to the implementation of research agenda and impact, the...

The internationalisation of economic activities is a defining aspect of our times. To a significant extent, this comprehensive internationalisation process builds on the internationalisation of business sector research and development expenditures. Established but changing global innovation...

Firms increasingly perform research and development (R&D) at locations outside their home countries. We refer to this development as the internationalisation of business R&D. The internationalisation of R&D has become an important trend that shapes the national innovation systems of all EU and...

This paper develops a multivariate regime switching monetary policy model for the US economy. To exploit a large dataset we use a factor-augmented VAR with discrete regime shifts, capturing distinct business cycle phases. The transition probabilities are modelled as time-varying, depending on a...

In this study interest centers on regional differences in the response of housing prices to monetary policy shocks in the US. We address this issue by analyzing monthly home price data for metropolitan regions using a factor-augmented vector autoregression (FAVAR) model. Bayesian model...