Public agencies provide subsidies for small and medium sized businesses (SMEs) to foster their development in terms of employment and sales. Although input and output additionality have been researched intensively little is known about the actual long-term effects of subsidies on SME growth....

Research and development is no longer a headquarters function. More and more companies internationalize their ¤R& D activities. The pros and cons of this approach are discussed in this book. The organizational alternatives for inter¤national R&D as well as the consequences that they have for...