Nicolaïdes, Phedon A. - In: Intereconomics : review of European economic policy 48 (2013) 2, pp. 99-105
The primary aim of the reform of EU rules on research, development and innovation for the period 2014-20 is to ensure that aid stimulates more research and that it is kept to the minimum necessary. This paper develops a simple model that identifies a number of problems in the public funding of...