In times when elevated government debt raises concerns about dimmer global growth prospects, we ask: How can the government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey problem of finding optimal tax and subsidy schemes in a...

The study aims at estimating the effects of support for research and development and innovation from the European Union (EU) budget for boosting innovation in European enterprises, using input, output, and behavioral additionality approach. The study is based on microdata of the Community...

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....

Whereas various drivers of the international innovative activity have been studied in the literature, our understanding of the contributions of different innovation linkages to innovation deserves more attention. Are the different innovation linkages equally complementary to research inputs in...

Despite the importance of low-tech manufacturing sectors for national economies, previous studies on UIC benefits for the firms were conducted mostly in high-tech sectors, making the knowledge on the impact of UIC on innovation in low-tech sectors unexplored. The present research aims to...