This study investigates the impact of R&D subsidies on R&D investment during the past financial crisis. We conduct a treatment effects analysis and show that R&D subsidies increased R&D spending among subsidized…
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital…
In den vergangenen Jahren haben sich viele öffentliche Forschungseinrichtungen in zunehmendem Grad kommerziell ausgerichtet. Forscher werden ermutigt, aktiv in Innovationsprojekten mitzuarbeiten, ihre…
