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. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other research activities … research councils, universities, and government undertaken work on civil and military R&D. To evaluate these questions we use … from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on civil …
Persistent link: https://www.econbiz.de/10013095089
Building on a standard policy evaluation literature mainly aimed at estimating the additional effect of subsidies on either firms' innovative expenditures or innovative outputs only, this paper tries to move one step further, combining the two (input and output) dimensions of innovation into a...
Persistent link: https://www.econbiz.de/10013067882
Current literature on the impact assessment of government innovation subsidies is mainly empirical driven and lacks an overarching theoretical model to explain the conditions under which government subsidies create positive additionalities on private R&D investment. In this paper, we present a...
Persistent link: https://www.econbiz.de/10014241969
The globalization of R&D activities has continued its growth path as companies are increasingly trying to capture knowledge and market opportunities internationally. The rapid evolution of national economies and the ways to conduct knowledge-intensive businesses has led researchers and analysts...
Persistent link: https://www.econbiz.de/10013068355
basic research to improve their technological potential. These research investments tighten firm selection and raise the … research investments. The over-investment problem turns to an under-investment problem if there are sufficiently strong cross …-country spillovers of basic research investments …
Persistent link: https://www.econbiz.de/10013131927
In universities all over the world, hiring and promotion committees regularly hear the argument: this is important work … because it is about to appear in prestigious journal X. Moreover, those who allocate levels of research funding, such as in … the multi-billion pound Research Assessment Exercise in UK universities, often come under pressure to assess research …
Persistent link: https://www.econbiz.de/10012750570
We analyse all the major sources of direct and indirect R&D subsidies in Norway in the period 2002-2013 and compare their effects on individual firms' performance. Firms that received support are matched with a control group of firms that did not receive support using a combination of...
Persistent link: https://www.econbiz.de/10012915338
We use the UK's 2014 Research Excellence Framework (REF) to study which attributes characterize a top-scoring (four …
Persistent link: https://www.econbiz.de/10012940860
We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...
Persistent link: https://www.econbiz.de/10012940861
The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...
Persistent link: https://www.econbiz.de/10013141717