Reinthaler, Volker; Wolff, Guntram B. - Zentrum für Europäische Integrationsforschung (ZEI), … - 2004
The present paper investigates the effectiveness of public subsidies to business enterprise research in a panel of OECD countries. We contribute to the literature by explicitly distinguishing between effects of a subsidy on R&D employment and expenditure, thereby accounting for a potential...