Toivanen, Otto - In: EIB papers 11 (2006) 2, pp. 54-78
research and development (R&D) in particular. R&D subsidies are a policy tool of major importance - both in theory and practice …. The empirical evidence for the effectiveness of R&D subsidies is mixed, with some studies finding them effective and … Norway have relied extensively on R&D subsidies in their innovation policy, yet Finland seems to have succeeded where Norway …