R&D subsidies designed to encourage innovation efforts by firms may have intended and unintended effects on the way they organize their innovation process. We present empirical evidence on how R&D subsidies affect firms' R&D cooperation strategies. In particular, we investigate whether receiving...

This is an exploratory analysis of the distinct distributive nature of innovation programs by government levels. The research setting is a European region actively involved in regional, national, and supra-national (EU)-level programs. The results suggest that sub-national programs lead to...

We study whether firms’ actual use of R&D subsidies and tax incentives is correlated with financing constraints -internal and external- and appropriability difficulties and investigate whether both tools are substitutes. We compare the use of both policies by SMEs and by large firms and find...

R&D subsidies are a common tool of technology policy, but little is known about the effects they have on the behavior of firms. This paper presents evidence on the effects that R&D subsidies have on the R&D effort of recipients, and on the probability that a firm will participate in a program...