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This study investigates the effects of an R&D subsidy scheme on participating firms' net R&D investment. Making use of … public subsidies induce higher additional investment particularly in research where market failures are larger, even when the …
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This study investigates the effects of an R&D subsidy scheme on participating firms' net R&D investment. Making use of … public subsidies induce higher additional investment particularly in research where market failures are larger, even when the …
Persistent link: https://www.econbiz.de/10010440096
Persistent link: https://www.econbiz.de/10010440172
While patent systems have been widely used both historically and internationally, there is nonetheless a tremendous amount of controversy over whether patent systems - in practice - improve the alignment between private returns and social contributions. In this paper, I describe three parameters...
Persistent link: https://www.econbiz.de/10012455593