Increasing investment in innovation has been a major goal of research and innovation policy in Europe over the past decade. Yet to secure competitive advantage and achieve growth, R&D investment has to be translated into successful innovations, and this is first and foremost the task of firms....

Baden-Württemberg gehört zu den führenden Wirtschafts- und Innovationsstandorten in Deutschland und Europa. Dazu leisten sowohl Großunternehmen wie auch der gewach-sene und breite Mittelstand (hidden champions) einen entscheidenden Beitrag. In den letzten Jahren zeigte sich allerdings eine...

The paper analyzes how geographical clustering of beneficiaries might affect the effectiveness of public innovation support programs. The geographical proximity of firms operating in the same industry or field of technology is expected to facilitate innovation through knowledge spillovers and...

Foreign-owned subsidiaries make significant contributions to national Research and Development (R&D) in many host countries. Policymakers often support subsidiaries through R&D grants and R&D tax credits. A key objective of this funding is to leverage R&D-driven firm performance benefits for the...