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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Radical or incremental: Where does R&D policy hit?
Organization Unit
Authors
  • Mathias Beck
  • Cindy Lopes-Bento
  • Andrea Schenker-Wicki
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Research Policy
Publisher Elsevier
Geographical Reach international
ISSN 0048-7333
Volume 45
Number 4
Page Range 869 - 883
Date 2016
Abstract Text 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.
Digital Object Identifier 10.1016/j.respol.2016.01.010
Other Identification Number merlin-id:13155
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