Takalo, Tuomas; Tanayama, Tanja; Toivanen, Otto - In: International Journal of Industrial Organization 31 (2013) 5, pp. 634-642
spillovers. Our results suggest that the relationship between additionality and welfare may not be straightforward. …We extend the theoretical basis of the empirical literature on the effects of R&D subsidies by providing an estimable … conditions for the existence of additionality. It turns out that additionality at the intensive margin is less likely with higher …