Henningsen, Morten S.; Hægeland, Torbjørn; Møen, Jarle - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2014
Empirical examination of whether R&D subsidies crowd out private investments has been hampered by selection problems. A particular worry is that project quality and research intentions may be correlated with the likelihood of receiving subsidies. Using proposal evaluation data to control for...