covering other business subsidies and public venture capital investments. R&D subsidies have mostly positive impacts on … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of … public and private investors maximizes the impact of public venture capital investments. The other business subsidies may …

In this study we analyse the development of business investments in Finland and in other countries of comparison on the … basis of national accounts, survey data and a sector-level general equilibrium model. According to the results, the decline …