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http://hdl.handle.net/10419/26249
  
Title:Financial constraints and other obstacles: are they a threat to innovation activity? PDF Logo
Authors:Mohnen, Pierre A.
Palm, Franz
van der Loeff, Sybrand Schim
Tiwari, A.
Issue Date:2008
Series/Report no.:CESifo working paper 2204
Abstract:In this paper we examine the importance of financial and other obstacles to innovation in the Netherlands using statistical information from the CIS 3.5 innovation survey. We report results on the effect of these obstacles on the firms’ decision to abandon, prematurely stop, seriously slow down, or not to start an innovative project. These results are compared with those from other studies in the Netherlands and other countries. We end with a discussion of policy measures that have been taken to overcome, or at least attenuate these obstacles, such as R&D tax incentives, venture capital financing and policy mix packages.
Subjects:financial constraints
innovations
innovation policy
JEL:O31
O38
D21
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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