Public funding of R&D and growth: Firm-level evidence from Finland

This study considers employment and productivity growth generated by the public funding of R&D using linked employer-employee data in Finland. Public subsidies, instrumented by available public R&D funding in the industry/region, have a positive effect on productivity growth in small and medium-sized firms and in firms close to the top of their field in productivity.

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Year of publication:	2005
Authors:	Piekkola, Hannu
Publisher:	Helsinki : The Research Institute of the Finnish Economy (ETLA)
Subject:	Forschung \| Forschungs- und Technologiepolitik \| Neue Wachstumstheorie \| Schätzung \| Finnland \| R&D, public expenditures, endogenous growth, linked employer-employee data

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Series:	ETLA Discussion Papers ; 996
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	504829513 [GVK] hdl:10419/63652 [Handle] RePEc:rif:dpaper:996 [RePEc]
Classification:	O30 - Technological Change; Research and Development. General ; O32 - Management of Technological Innovation and R&D ; O40 - Economic Growth and Aggregate Productivity. General ; O52 - Europe ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	EconStor

Persistent link: https://www.econbiz.de/10010284924