Although systems of innovation approach is gaining popularity among researchers and policy-makers, it is still rather difficult to apply this approach to specific policy settings and designs, because the approach is too general and does not provide many direct suggestions for building up an...

The external and internal context of the firms is influenced by governmental interventions. For a long time the discussion over government interventions to the market processes and economic environment has taken place. It is accepted by different researchers including supporters of social market...

This article is resting on the theoretical model of Braun (2003) describing the delegation modes for public funding of research in the principal-agent framework. It aims to show by using the conceptualisation of utility functions of principal and agents on the various levels, how different...