The market for R&D is subject to market failure which leads to an underprovision of R&D from a social point of view. This gives rise for governmental intervention in the market for R&D. For decades, the…
Technological change is an important determinant of long-run productivity which is essential for securing competitiveness both at the firm-level and for the economy as a whole. Public authorities expect that…
Export is an important factor for growth and welfare for small, open economies. Since R&D and innovation are also key factors of growth for an industrialized economy, it is interesting to analyze the…
Technologically motivated firm acquisitions often fail in the sense that post-merger innovation performance declines. One reason has been identified as a temporary shift of managerial attention towards the firm…
