Acconcia, Antonio; Beraldo, Sergio; Capuano, Carlo; … - 2022
and Development (R&D) activities. We first conduct six experimental markets that differ in both the levels of knowledge …, causing, however, a sensible reduction of R&D investments. Overall, our evidence suggests that, depending on the … characteristics of the market, the use of public subsidies might be redundant, for firms would anyway joined their R&D efforts; or …