affects product market concentration. We test the relationship between R&D subsidies and R&D concentration employing treatment …&D. On the contrary, we even find that R&D concentration is significantly reduced because of subsidies. This result may be …

affects product market concentration. We test the relationship between R&D subsidies and R&D concentration employing treatment …&D. On the contrary, we even find that R&D concentration is significantly reduced because of subsidies. This result may be …

overall R&D intensity has not been explored before. We present a simple model of industry R&D intensity, in which R&D … concentration, R&D appropriability, and industry-wide technological opportunities jointly determine industry R&D intensity. In …