The globalisation of R&D activities has continued to grow as companies are increasingly trying to capture knowledge and market opportunities internationally. The rapid evolution of national economies and the ways to conduct knowledge-intensive businesses has brought researchers and analysts to...

This paper provides the first empirical attempt of linking firms' profits and investment in R&D revisiting Knight's (1921) distinction between uncertainty and risk. Along with the risky profit-maximizing scenario, identifying a second, off-setting, unpredictable bias that leads to heterogeneous...

Understanding the flow of knowledge between scientific research and policymaking is increasingly important. This study examines the influence of the EU Industrial R&D Investment Scoreboard, a monitoring report produced for policy makers, researchers, and businesses since 2004. We analyse...

The objective of this Policy Brief is to analyse the status of private R&D investment in Italy based on recent evidence and to indicate possible policy actions to boost private R&D investment. For our analysis, we rely on microdata from an unbalanced 10 years' panel data-set (2004-2013), built...