The development of science and technology in recent times is hosting major changes with the emergence of new key concepts, e.g. nanote- chnology, micro nanoelectronic, etc. Techno- logies are changing the way in which society operates and there is a need to ensure that they are used in a best...

Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...

Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...

The paper deals with the problem of business spending on research and development and their relation to innovation activities. It is focused on R&D in the business sector as a crucial part of the innovation system. R&D expenditure can be seen as the main precondition of successful innovation....

The concept of Responsible Research and Innovation (RRI) has become a popular term as a result of making it a cross-cutting theme for the Horizon 2020 Framework Programme of the European Union. RRI may be understood as a process by which societal actors and innovators become mutually responsive...

In this article we study differences in the returns to R&D investment between firms that sell in international markets and firms that only sell in the domestic market. We use German firm-level data from the high-tech manufacturing sector to estimate a dynamic structural model of a firm's...

The goal of this paper is to present a formal model of firm innovation that simultaneously analyzes innovation factors characteristic to the Schumpeterian strand of industrial organization literature and the know-how strand. Corporate R&D intensity serves here as an input measure of firm...