Busom, Isabel; Corchuelo, Beatriz; Martínez-Ros, Ester - In: Small Business Economics 43 (2014) 3, pp. 571-596
We study whether firms’ actual use of R&D subsidies and tax incentives is correlated with financing constraints … of both policies by SMEs and by large firms and find significant differences both across instruments and across firm size …. For SMEs, financing constraints are negatively correlated with the use of tax of credits, while they are positively …