How Effective are Government R&D Subsidies: The Empirical Evidence

Government subsidized industrial R & D stands for a large and increasing segment of the total R & D conducted. Yet very little is known about the effectiveness of such subsidies. This paper summarizes the empirical literature concerning direct project subsidies, tax credits, and support for industrial research institutes. This helps to identify what makes government policy effective from the government's perspective and how it affects firms.

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Year of publication:	1987
Authors:	Fölster, Stefan
Publisher:	Stockholm : The Research Institute of Industrial Economics (IUI)
Subject:	Industrieforschung \| Forschungsfinanzierung \| Theorie \| Subsidies \| R&D \| summary

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Series:	IUI Working Paper ; 187
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	hdl:10419/95169 [Handle] RePEc:hhs:iuiwop:0187 [RePEc]
Classification:	H21 - Efficiency; Optimal Taxation ; H23 - Externalities; Redistributive Effects ; Environmental Taxes and Subsidies ; O31 - Innovation and Invention: Processes and Incentives
Source:	EconStor

Persistent link: https://www.econbiz.de/10010335138