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Radical or incremental: Where does R&D policy hit?

Beck, Mathias; Lopes-Bento, Cindy; Schenker-Wicki, Andrea (2016). Radical or incremental: Where does R&D policy hit? Research Policy, 45(4):869-883.

Abstract

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 enhanced in collaborating firms. We do not find any evidence pointing to increased effects for the latter.

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Business Administration
Dewey Decimal Classification:330 Economics
Scopus Subject Areas:Social Sciences & Humanities > Strategy and Management
Social Sciences & Humanities > Management Science and Operations Research
Social Sciences & Humanities > Management of Technology and Innovation
Scope:Discipline-based scholarship (basic research)
Language:English
Date:May 2016
Deposited On:18 Feb 2016 14:28
Last Modified:13 Feb 2025 02:42
Publisher:Elsevier
ISSN:0048-7333
OA Status:Green
Publisher DOI:https://doi.org/10.1016/j.respol.2016.01.010
Other Identification Number:merlin-id:13155
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