Koski, Heli; Pajarinen, Mika - In: Small Business Economics 41 (2013) 1, pp. 195-214
empirical analysis, using an extensive firm-level data, suggests that the impact of business subsidies on employment growth … relate positively to the contemporary employment growth for both start-ups and incumbents. Furthermore, after subsidy … reception, the employment of both start-ups and older incumbents receiving employment or other subsidies grows more than that of …