Resource title

Financial constraints and other obstacles: are they a threat to innovation activity?

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Resource description

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.

Resource author

Pierre A. Mohnen, Franz Palm, Sybrand Schim van der Loeff, A. Tiwari

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26249

Resource license

Adapt according to the presented license agreement and reference the original author.