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The effects of government R&D subsidies can vary across recipient firms, depending on the various characteristics of a firm, potentially including the firm's accounting information quality (AIQ). It has been well recognized that high AIQ helps to reduce information asymmetry between investors...
Persistent link: https://www.econbiz.de/10013166656
Research and development (R&D) tax credits are widely employed among the OECD countries to promote business sector investments in innovation. The implementation of R&D tax credit schemes, however, varies across countries. The empirical research on the effectiveness of R&D tax incentives suggests...
Persistent link: https://www.econbiz.de/10013179659
to financing constraints, but also do not seem to benefit from a patent quality signal. …
Persistent link: https://www.econbiz.de/10010341887
to financing constraints, but also do not seem to benefit from a patent quality signal. …
Persistent link: https://www.econbiz.de/10010252810
Although the use of patent indicators in statistics has been under discussion for a long time, there are surprisingly … very few studies devoted to explaining the use of patent indicators as performance indicators in performance-based research … performance indicators. However, there is still no established distinction in the literature between patent indicators used in …
Persistent link: https://www.econbiz.de/10012672173
Federal research funding to universities is often based on a desire to stimulate innovation - so that they spend taxpayer money for "something". There is growing understanding of the need to change the structure of research funding in order to do so; less is known about the effectiveness of...
Persistent link: https://www.econbiz.de/10011892649
main focus is the direct impact of subsidies on R&D and the indirect effect on innovation output measured by patent … of a patent production function. It turns out that both purely privately financed R&D and publicly induced R&D show a …
Persistent link: https://www.econbiz.de/10014070265
Intellectual property rights are monopoly rights, which have undesirable welfare properties. Therefore, several studies suggest using rewards as incentives for innovation instead. However, these studies have thus far had little effect on actual policy, possibly because such rewards may be...
Persistent link: https://www.econbiz.de/10014347625
In Germany, R&D subsidies are an important tool to support innovation in the private sector. This paper studies the welfare effects of R&D subsidies distributed through the German federal government’s thematic R&D programs between 1994 and 2011. The analysis is based on a structural model of...
Persistent link: https://www.econbiz.de/10011780867
In the attempt to boost innovation, policy-makers have enacted a myriad of programs targeting innovative start-ups in recent years. Empirical evidence on these initiatives has almost exclusively focused on national-level programs, overlooking those implemented at the local level. This paper...
Persistent link: https://www.econbiz.de/10014472062