Publication

The legacy of public subsidies for innovation: input, output and behavioural additionality effects. Research Paper No 21

Published: 26 February 2016

ERC Research Paper No 21

Associated Themes

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  Innovation

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In many countries significant amounts of public funding are devoted to supporting private firms’ R&D and innovation projects through subsidies or grants, loans, and other instruments such as loan guarantees or R&D tax credits. Our interest here is in exploring the mechanisms through which these positive effects occur and in evaluating the legacy effects of public subsidies for private innovation.

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