Skip to main content

Research Repository

Advanced Search

The Effect of Innovation Policy on Firm Innovation and Firm Eco-Innovation: A Review of Recent Research

Becker, Bettina

Authors



Abstract

This chapter first provides a review of the recent empirical evidence on the effect of public subsidies on firm innovation. The chapter then provides a review of the impact of public subsidies on eco-innovation. One of the four Grand Challenges set out by the UK government’s Industrial Strategy in 2017 – Clean Growth – builds upon the concept of green growth, which has taken centre stage in policy debates about sustainable economic development. Eco-innovation has been presented as a key driver of green growth. While some heterogeneities in research results remain, the recent evidence confirms that public R&D and innovation policy support can play a role in increasing firms’ general R&D and innovation, and their eco-innovation.

Citation

Becker, B. (in press). The Effect of Innovation Policy on Firm Innovation and Firm Eco-Innovation: A Review of Recent Research. In Palgrave Encyclopedia of Entrepreneurship. Palgrave Macmillan

Acceptance Date Sep 22, 2023
Deposit Date Jul 3, 2024
Publisher Palgrave Macmillan
Book Title Palgrave Encyclopedia of Entrepreneurship
Public URL https://durham-repository.worktribe.com/output/2514879