Publication: Radical or incremental: Where does R&D policy hit?
Radical or incremental: Where does R&D policy hit?
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Beck, M., Lopes-Bento, C., & Schenker-Wicki, A. (2016). Radical or incremental: Where does R&D policy hit? Research Policy, 45(4), 869–883. https://doi.org/10.1016/j.respol.2016.01.010
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This study investigates the impact and effectiveness of a public R&D support policy. In a policy design that aims at incentivizing radical as well as incremental innovations, we test where the policy impact is highest. While the privately motivated R&D expenditures are significant for both types of innovation, the policy-induced part is significant only for radical innovation. Furthermore, given that the funding agency encourages collaboration, and particularly industry-science collaboration, we further test whether effects are enhanc
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Beck, M., Lopes-Bento, C., & Schenker-Wicki, A. (2016). Radical or incremental: Where does R&D policy hit? Research Policy, 45(4), 869–883. https://doi.org/10.1016/j.respol.2016.01.010