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Market, Firm, and Project-level Effects on the Innovation Impact of FP RTD Projects

This study considered specific market, firm, and project-level factors that exert important influences on the success of R&D projects under the EU Framework Programme. A quantitative analysis in a cross-European sample of collaborative R&D projects, supported with relevant qualitative evidence, indicated that partnering firm innovation experience, innovation protection mechanisms, effective management of EU rules, and the existence of commercially driven projects that open up new technological areas, were those factors with the strongest significant effect on project success (i.e., product/process innovation, and technical knowledge creation). The findings contribute to understanding of how and under what conditions collaborative R&D projects result in innovation development and new knowledge creation.