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An 'incentive subsidy' policy for subsidizing private R & D is proposed that can be more efficient, from a social point of view, than subsidy policies in common use such as a 'normal' subsidy policy (fixed amount granted at project start), and conditional loans (loan is repaid only if project is...
Persistent link: https://www.econbiz.de/10010334859
Government subsidized industrial R & D stands for a large and increasing segment of the total R & D conducted. Yet very little is known about the effectiveness of such subsidies. This paper summarizes the empirical literature concerning direct project subsidies, tax credits, and support for...
Persistent link: https://www.econbiz.de/10010335138
We study a structural model of R&D alliance networks in which firms jointly form R&D collaborations to lower their production costs while competing on the product market. We derive the Nash equilibrium of this game, provide a welfare analysis and determine the optimal R&D subsidy program that...
Persistent link: https://www.econbiz.de/10011282476
Die europäische Kommission ist primärer Träger der Industriepolitik in der europäischen Union. Industriepolitische … Industriepolitik besser von einem zentralen Träger durchgeführt wird, der Spillovers internalisiert, oder von den regionalen … Industriepolitik regional oder durch eine zentrale Instanz durchgeführt werden soll. Interessanterweise schneidet bei Verhandlungen mit …
Persistent link: https://www.econbiz.de/10010300407
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10010264424
Our concern is with a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyze a situation where firms differ in their R&D technologies in two distinct ways: They differ...
Persistent link: https://www.econbiz.de/10010284291
University research provides valuable inputs to industrial innovation. It is therefore not surprising that private sector firms increasingly seek direct access through funding public R&D. This development, however, spurred concerns about possible negative long-run effects on scientific...
Persistent link: https://www.econbiz.de/10010303903
University research provides valuable inputs to industrial innovation. It is therefore not surprising that private sector firms increasingly seek direct access through funding public R&D. This development, however, spurred concerns about possible negative long-run effects on scientific...
Persistent link: https://www.econbiz.de/10010304813
An important prerequisite for the renewal of Finland’s industrial and economic base is the ability of the universities to promote the renewal of the knowledge base. The UNI project studied ways in which changes in external funding mechanisms and recent governance changes in Finnish...
Persistent link: https://www.econbiz.de/10012037653
Recent changes in the funding and governance of research universities have attempted to make them more strategically active in contributing to national goals. However, the ability of universities to develop strategic capabilities as cohesive organisations is limited by the inherent uncertainty...
Persistent link: https://www.econbiz.de/10010277880