The public funding of innovation in agri-food businesses
نویسندگان
چکیده
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Participatory Loans and Innovation in Smes: Rethinking the Public Funding of Innovation Capabilities
There is a long research tradition around the existence of underinvestment problems that might arise in R&D and, more generally, innovative activities. These problems might become significant barriers to innovation in SMEs, due to the relationship between access to finance and production scale. However, previous literature is consistent with the hypothesis that innovative capabilities are not n...
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This paper develops a game-theoretic model of heterogeneous consumers to analyze the effect of cooperative involvement on quality-enhancing product innovation activity, the pricing of food products, and the welfare of the groups involved in the context of a mixed duopoly where an openmembership consumer co-op competes with an IOF. Analytical results show that the involvement of the member welfa...
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ژورنال
عنوان ژورنال: Spanish Journal of Agricultural Research
سال: 2019
ISSN: 2171-9292
DOI: 10.5424/sjar/2018164-12657