privately financed R&D and subsidyinduced R&D investment to evaluate their respective effects on innovation performance. The … collaborate internationally as well as for SMEs. -- Innovation Policy ; Subsidies ; R&D ; SMEs ; International Collaboration … ; Treatment Effects ; Innovation Performance …

costs. Research therefore repeatedly stressed the positive relationship between collaborative R&D and innovation performance … monitoring, requires knowledge disclosure and involves the risk of opportunistic behaviour by the partners. Thus, while the net … collaborative R&D projects in total R&D projects is associated with a higher probability of product innovation and with a higher …