simultaneity between subsidy allocation and the qualitative composition of the innovative output, as well as the endogeneity of … the innovation subsidy; far from 'doing better' as a result of government intervention, supported firms appear to exhaust …

. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other research activities … of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects … from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers …

in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …% decrease in manufacturing employment. We document important spillovers for untreated sectors in treated counties, untreated … counties connected via trade and local taxes, whereas we do not find spillovers on counties in the same local labor market. We …

than 10 employees; usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel …

Can the existence of positive productivity spillovers between co-workers be explained by the presence of … sequentially and part of individuals' pay is determined by the firm's output, but also that negative spillovers may arise when … pairs of players who are most complementary in the production process exert the largest positive spillovers on each other …

international spillovers, as increases in government-funded R&D in a particular industry and country raise private R&D in the same …