Financing Innovation

Abstract

Financing innovation is the mechanism that allows public support for public or private innovation to compensate the inherent market failure of innovation activities. An insight of the main drivers and mechanisms of implementation at European level is provided.

Financing Innovation

“…There is a large number of available mechanisms to promote public and private investment in research and innovation (from lower Technology Readiness Levels 2 to higher ones) to increase competitiveness at global scale [5,6].…”