This keynote speech at the informal European Competitiveness Council (industry ministers) addresses the uneasy relationship of industrial and environmental policies, which was among the core agendas of the Polish EU presidency in 2011. In the presentation, emphasis is given to the major...

This contribution to the George Washington University's Round Table on Financing Innovation summarises the findings of a recent publication about the impacts of venture capital on firm growth and innovation. Applying a two-stage propensity score matching on Austrian micro-data, the findings...

This paper presents an integrated set of innovation taxonomies for firms and sectors. It discards the practice of representing industries by some average behaviour, instead characterising them by the distribution of diverse innovation modes at the firm level. The theoretical focus is on (i)...

To address the relationship between innovation and competition we jointly estimate the opportunity, production, and impact functions of innovation in a simultaneous system. Based on Swiss micro-data, we apply a 3-SLS system estimation. The findings confirm a robust inverted-U relationship, in...