This paper studies how national research subsidies affect productivity growth and national welfare through adjustments in the geographic location of research and development (R&D) across countries. Our two-country framework features a tension in the firm-level innovation location decision...

The paper evaluates the impact of the European Commission's Seventh Framework Programme (FP7) grants on profit‐oriented firms' post‐treatment performance. Using a quasi‐experimental design and a dataset covering applicants from 46 countries, we find that FP7 grants increase firms' sales...

This article examines the relationship between the adoption of digital technologies and the corporate commitment to environmental protection, while also exploring whether this relationship is strengthened by public financial support. Using a sample of 1,616 Spanish manufacturing firms and...