Showing 1 - 10 of 70
In this paper, I investigate whether instead of strengthening home-based production, government R&D-subsidies can … evidence of such relocation. R&D subsidies rather tend to en courage export production at the expense of foreign production …
Persistent link: https://www.econbiz.de/10008552181
An "incentive subsidy" policy for subsidizing private R & D is proposed that can be more efficient, from a social point … of view, than subsidy policies in common use such as a "normal" subsidy policy (fixed amount granted at project start …), and conditional loans (loan is repaid only if project is profitable). The incentive subsidy compensates firms for any …
Persistent link: https://www.econbiz.de/10010684462
little is known about the effectiveness of such subsidies. This paper summarizes the empirical literature concerning direct … project subsidies, tax credits, and support for industrial research institutes. This helps to identify what makes government …
Persistent link: https://www.econbiz.de/10010684519
Science & Technology (S&T) is high on the Chinese policy agenda but there are large uncertainties on the actual S&T development. For instance, previous studies tend to focus only on large and medium-sized enterprises (LMEs). The situation in Chinese small firms is far less explored. This paper...
Persistent link: https://www.econbiz.de/10005771084
This paper develops a simple general equilibrium model with sequential search in which a non-degenerate wage offer distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment compensation on the unemployment rate and...
Persistent link: https://www.econbiz.de/10010684408
No abstract.
Persistent link: https://www.econbiz.de/10010684470
Between 1970 and 1978, industrial subsidies in Sweden rose from 4.9 % to 16 % of value added in mining and … manufacturing. Most of this increase was due to increased wage subsidies to specific firms facing acute difficulties. The Swedish … industrial subsidy program seems to be both larger in relation to industrial output and more selective than similar programs in …
Persistent link: https://www.econbiz.de/10010684541
No abstract.
Persistent link: https://www.econbiz.de/10010818355
We survey the literature on venture capital and institutions and present a case study comparing the development of the venture capital market in the US to Sweden. Our literature survey underscores that the legal environment, financial market development, the tax system, labor market regulations,...
Persistent link: https://www.econbiz.de/10010945002
Over the course of the last 10 or 15 years there appears to be taking place a fundamental shift in the "industrial paradigm" governing the nature of competition in advanced industrial markets. Among the characteristics of this shift are a transition from mass production to flexible manufacturing...
Persistent link: https://www.econbiz.de/10011019045