Public-private partnerships (PPPs) are forms of cooperation between the public and private sectors that have been undeniably successful in Europe in recent years. Often grounded in the assumption that private organizations would have a positive impact on the efficiency of public organizations,...

We study the financing of R&D and innovation expenditures of French defence firms at the end of a period characterised by a decline of defence purchasing. Our results provide some support for the hypothesis of a dependence of these firms on public aid. However, large groups receive most of this...