&D investments being complementary to each other, and to what extent are potential R&D spillovers internalized in the market? …

that the R&D generated by the tax policy creates positive spillovers on the innovations of techno-logically related firms …

retaliatory measures from other countries, leading to a wasteful "subsidy race." However, subsidies for sectors with inherent … significant international spillovers. These spillovers likely reflect cross-country technology transfers and the role of fabless … clients in disseminating knowledge globally through their interactions with foundries. Such cross-border spillovers are not …

positive impact of subsidy on current year employment, both for the aggregated and employment-related subsidies. These findings …

We simultaneously assess the contributions to productivity of three sources of research and development spillovers … horizontal and technological spillovers; ii) Technological proximity matters; iii) Product-market proximity is less important; iv …

spillovers from three alternative R&D subsidy policies … affected by two countervailing R&D spillovers: positive effects from technology spillovers and negative business stealing … spillovers have testable implications for a range of performance indicators, and then exploit these using distinct measures of a …

. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel … way of empirically identifying these spillovers and embed them in a framework with private firms and a public research …

of the subsidy incidence and (iii) ignoring spillovers implies a nearly-linear increasing relationship leading to over … aggregate ITN use resulting from means-tested subsidies in the presence of such spatial spillovers. Accounting for spillovers … inference problem novel. We show that even if individual ITN use unambiguously increases with increasing incidence of subsidy in …