... in clusters develop knowledge useful to win the subsidy game (Rodríguez-Pose et al., 2021). Innovation policies aim at fight market and systemic failures, where the former causes a misallocation of resources (Dodgson et al., 2011) and the latter causes a lack of communication between...

... and supply sides. This study assesses the impact of different categories of innovation policies on exploitative and exploratory innovation. As women also play an increasingly important role in corporate governance, the authors also elucidate the moderating role of female executives in these relationships...