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Governments purchase everything from airplanes to zucchini. This paper investigates the role of the technological content of government procurement in innovation. We theoretically show that a shift in the composition of public purchases toward high-tech products translates into higher...
Persistent link: https://www.econbiz.de/10010399854
efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare … innovation ; R&D subsidies ; privatization ; spillovers …
Persistent link: https://www.econbiz.de/10003989543
Today, Public policy apart from addressing the concerns/aspirations of the nation, must also be WTO complaint. All the subsidies are on the chopping mat, exceptions are few. One such an exception is subsidy to Ramp;D. This article gives a (Indian) historical perspective on this subject. The...
Persistent link: https://www.econbiz.de/10012707614
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This case study about research and innovation strategy of an upcoming private university started recently. Even though it is a new university, it has rich experience in higher education training service of about 30 years. Being worked as an affiliated group of colleges, it has developed the...
Persistent link: https://www.econbiz.de/10012869071
We extend the theoretical basis of the empirical literature on the effects of R&D subsidies by providing an estimable model of strategic interaction among subsidy applicants, and public and private sector R&D financiers. Our model incorporates fixed R&D costs and a cost of external finance. We...
Persistent link: https://www.econbiz.de/10013086771
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Innovation plays a critical role in shaping the industrial and firm competitiveness of any nation. Innovation is often discussed in the setting of developed countries, but the rise of emerging economies such as India has generated a new interest in understanding innovation in developing...
Persistent link: https://www.econbiz.de/10011522088
Micro, small, and medium-sized enterprises are a backbone of the Philippine economy. One factor that hinders the growth of these enterprises is their difficulty in accessing finance from banks and other financial institutions. The Credit Surety Fund (CSF) was established to help these...
Persistent link: https://www.econbiz.de/10011522092
This study analyses the effectiveness of targeted public support for R&D investment. In particular, we test whether the specific policy design aiming at incentivizing (international) collaboration and R&D in small and mediumsized firms achieves the desired objectives on input as well as output...
Persistent link: https://www.econbiz.de/10009686768