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Government subsidies for R&D are intended to promote projects with high returns to society but too little private … a simple signaling model with different types of R&D projects to capture this phenomenon. In a setup where the subsidy …
Persistent link: https://www.econbiz.de/10005163033
investments. -- subsidies ; innovation ; asymmetric information ; signaling …Government subsidies for R&D are intended to promote projects with high returns to society but too little private … a simple signaling model with different types of R&D projects to capture this phenomenon. In a setup where the subsidy …
Persistent link: https://www.econbiz.de/10009746782
most innovation and technology diffusion at the lowest cost. This Article seeks to support better analyses of, and decision … making regarding, the choices of government innovation-funding mechanisms by discussing the limits of current analyses and … government innovation-funding inputs and outputs; (2) better documentation of and self-conscious decision making regarding …
Persistent link: https://www.econbiz.de/10014150354
underinvestment problem. Innovation signaling provides a rational explanation for consumer attraction to new versions of products …Are new versions of products necessarily better? We analyze product innovation by a firm that engages in research and … development designed to improve an existing product, the outcome of which is uncertain. If the firm adopts the innovation its …
Persistent link: https://www.econbiz.de/10011096397
in overlooking the squandering of government resources on tax subsidies to investors in Labour-Sponsored Venture Capital …
Persistent link: https://www.econbiz.de/10013108430
Short-time work - a wage subsidy conditional on hour reductions - has become an important tool of labor market policy in many European countries. As the scope of these policies expanded, concerns about side effects due to adverse selection increased. We develop a model of job retention policies...
Persistent link: https://www.econbiz.de/10012815443
facilitating an innovation-based transition towards a low-carbon economy. This paper conceptually explores some key challenges …
Persistent link: https://www.econbiz.de/10014200875
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some … technologies, such as ICT and biotechnology, as innovation activities continue to focus on sectors, such as machinery and … ...<BR><P>Selon les principaux indicateurs, l’Allemagne est l’un des pays de l’OCDE où l’activité d’innovation est soutenue …
Persistent link: https://www.econbiz.de/10005045785
Enhancing growth through more innovation has become a priority for Austrian policy makers in line with European … policies as laid down in the Lisbon Agenda. This paper discusses Austria’s innovation performance, its innovation policies, and … general framework conditions for innovation and growth. Austria has increased its R&D spending as a share of GDP over the last …
Persistent link: https://www.econbiz.de/10005046216
Persistent link: https://www.econbiz.de/10013053461