Fölster, Stefan - Institutet för Näringslivsforskning (IFN) - 1989
State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the …. First, general subsidies do not seem to induce much additional R & D for a given amount of subsidy. Second, among specific … subsidies so called "stock option grants" seem to induce most R , D per subsidy krona. These are grants that give the state a …