Maliranta, Mika; Määttänen, Niku; Pajarinen, Mika - 2016
The bulk of innovation subsidies in Finland are allocated to firms in industries where the employment share of … “innovators,” i.e., workers who are specialized in R&D&I, is very high. The average subsidy per employee is typically the highest … among young firms. At the firm level, an increase in innovation subsidies is typically associated with an inflow of …