SOTA Review

The impact of policy support on firms’ innovation outcomes and business performance.

ERC SOTA No 17

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Associated Themes
  • Innovation

The importance of R&D and innovation in explaining economic growth and productivity is well documented in the research literature. Government policies also increasingly recognise the benefits of supporting firms’ R&D and innovation. In the UK, for instance, research and innovation have been placed at the heart of the Industrial Strategy, receiving investments of around £3bn pa.

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