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This study empirically explores whether the public financial support for entrepreneurial R&D affects employment growth at the firm level. The data from the Finnish companies suggests that the firms that have received public R&D funding have not generally witnessed any greater employment growth...
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This study does not find any significant direct relationship between the public R&D funding and the firms' innovation output. The firms obtaining the public R&D support were not performing significantly better, on average, than others. However, we find evidence that the public R&D finance has...
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Subsidies to business sector R&D can be given either as R&D tax credits or direct grants. Majority of the OECD countries use both policy tools, Finland has used only grants. The Finnish support system has been functioning relatively well, but it has been argued that it does not support well...
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We use the data compiled from the USPTO patent and patent citations concerning the patented knowledge intensive technologies in three areas: cryptography, image analysis and data processing/software. The data is restricted to those patents between the years 1980-2003 that have two or more...
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