publication . Article . Other literature type . 2011

Innovation in times of crisis: National Systems of Innovation, structure, and demand

  • Published: 01 Mar 2011 Journal: Research Policy, volume 40, pages 179-192 (issn: 0048-7333, Copyright policy)
  • Publisher: Elsevier BV
This article addresses the impact of the current economic downturn on innovation across Europe. Using micro- and macro-data, we investigate to what extent some structural characteristics of National Systems of Innovation, along with demand, affect firms’ persistency in terms of innovation investment. It emerges that the effects of the economic downturn in terms of firms’ innovation investment are not the same across European countries. The competences and quality of the human resources, the specialization in the high-technology sector, together with the development of the financial system seem to be the structural factors which are able to offset the effect of t...
free text keywords: Management of Technology and Innovation, Management Science and Operations Research, Strategy and Management
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