We study innovation and R&D investments made from 2008 to 2010 by UK companies that were the targets of leveraged … buyout (LBO) in previous years. We find that overall, LBO companies do not exhibit lower innovation and R&D investments than … non-LBO companies during the crisis, with other things being equal. However, innovation and R&D investments decline …

This chapter aims to provide a review of the literature on innovation in services and to focus on the analytical … strategies carried out in order to fill in the innovation gap in the service economy (i.e. the difference between what the … traditional innovation indicators are capable of capturing, and the reality of innovation activities undertaken in a given economy …

Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …

science development were being structured and their activities were adapting to the new system of management. Innovation went … into a decline, the rate of which had increased by the end of the year. No new instruments of innovation policy were … introduced and the state of innovation was being significantly affected by the general conditions of economic activity, the …

The aim of this paper is to estimate the effect of research externalities across space, in generating innovation. We do … would increase the innovation of the region itself by 80-90%. Given the small size and the limited range of diffusion, we …

The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, the productivity of its R&D and the existence of knowledge spillovers across regional boundaries. Here we develop a … model which, emphasizing "the demand pull" as a key exogenous determinant of long-run innovation across regions, allows us …