Working Paper #2008-006
Financial Constraints and Other Obstacles: Are they a Threat to Innovation Activity?
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 pakages.
- Keywords
-
- Financial constraints
- innovation
- innovation policy
- JEL codes
-
- O38
- UNU-MERIT
- Working
- Papers
- ISSN
- 1871-9872
Cite this as
APA 7th ed.Mohnen, P., Palm, F., Schim van der Loeff, S., & Tiwari, A. (2008). Financial Constraints and Other Obstacles: Are they a Threat to Innovation Activity? (UNU-MERIT Working Paper No. 2008-006). UNU-MERIT. https://unu-merit.nl/publications/working-papers/abstract/?id=3024