Studies on technological innovation systems (TIS) often set spatial boundaries at the national level and treat supranational levels as a geographically undifferentiated and freely accessible global technological opportunity set. This article criticizes this conceptualization and proposes instead...

Emerging economies increasingly contribute to global clean-tech innovation. The ‘Technological Innovation System’ (TIS) framework and its system functions have become a popular analytical tool for clean-tech innovation. Its applicability to emerging economies is not entirely straightforward,...

Real options investment theory predicts current investment falls asuncertainty about market returns increases. In the case of R&D investment,which is usually considered an irreversible form of investment, this effectshould be quite pronounced. This paper tests the real options predictionabout...

In this paper we analyse the effect of R&D co-operation on firms´ innovationperformance. We investigate the effect of past co-operation on current sales ofinnovative products, distinguishing between products new to the firm and new tothe market, and on cost reductions due to innovative...

The aim of this study is to test the possible catalysing role of in-house R&D in fostering thecomplementarity of innovative inputs on a sample of 3045 manufacturing firms drawn fromthe third Italian Community Innovation Survey (1998-2000). The interactions between fourdifferent sources of...

The literature suggests that public research and development (R&D) subsidies mayreduce market failures affecting private R&D investment caused by incompleteappropriability of knowledge and financial constraints due capital marketimperfections. Drawing on the theory of investment under...

Paper addresses the recent initiatives of EU Lisbon Agenda to increase level of R&Dexpenses in EU Member States by studying firm-level panel data in most advanced transitioneconomy, Slovenia. Previous empirical literature – mainly cross-sectional – has tested thedemand-pull hypothesis and...

Using a balanced panel of 215 Italian manufacturing firms over the 1995-2000 period, thispaper investigates the determinants of R&D investment at the level of the firm. While findingfurther support for the well-established technology-push and demand-pull hypotheses, thisstudy also tests the role...

Wir analysieren die räumliche Verteilung verschiedener Kategorien kreativer Personen inDeutschland. Allgemein ist der Anteil der Kreativen in den Städten höher als auf dem Land.Ein etwas abweichendes Standortverhalten zeigen die freiberuflichen Künstler, für die auch ineinigen ländlichen...