Government subsidies for R&D are intended to promote projects with high returns to society but too little private … a simple signaling model with different types of R&D projects to capture this phenomenon. In a setup where the subsidy …

underinvestment problem. Innovation signaling provides a rational explanation for consumer attraction to new versions of products …Are new versions of products necessarily better? We analyze product innovation by a firm that engages in research and … development designed to improve an existing product, the outcome of which is uncertain. If the firm adopts the innovation its …

Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some … technologies, such as ICT and biotechnology, as innovation activities continue to focus on sectors, such as machinery and … ...<BR><P>Selon les principaux indicateurs, l’Allemagne est l’un des pays de l’OCDE où l’activité d’innovation est soutenue …

Enhancing growth through more innovation has become a priority for Austrian policy makers in line with European … policies as laid down in the Lisbon Agenda. This paper discusses Austria’s innovation performance, its innovation policies, and … general framework conditions for innovation and growth. Austria has increased its R&D spending as a share of GDP over the last …

-selection based financing constraints. Government programmes allocating direct subsidies are based on ex-ante screening of the subsidy … conditions, public R&D subsidies can reduce the financing constraints of technology-based entrepreneurial firms. Firstly, the … subsidy itself reduces the capital costs related to innovation projects by reducing the amount of market-based capital …

This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output … growth. Many general framework conditions are highly favourable to business risk-taking and innovation, including macro … be on ensuring that incentives arising from government subsidies are targeted on actual market failures. The very high …

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both …

heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and … received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both …

This paper analyzes the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested … in investigating various consequences of government subsidies for R&D, provided to firms that o.er products of di …