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Research Paper
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
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- Innovation
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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