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We show theoretically that a proportional Ramp;D subsidy accelerates innovation activity at all degrees of competition in the modern Schumpeterian growth model, but less so at high degrees of competition. We then use company-level data on patenting activity, product market competition and Ramp;D...
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Economic interest in innovation policy largely arises from the fundamental importance of innovation to social welfare and from inefficiencies in innovation in a competitive market environment. As a result, a wide variety of public innovation policies are used in practice. This study reviews the...
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Finland. In order to discover recent developments basic knowledge regarding innovation funds, funding structures and … information about the two big funding agencies Vinnova Sweden and Business Finland is presented. Building on this information, the … the COVID-19 pandemic. Both Sweden and Finland had to really push forward innovation with financial support and political …
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