innovators from high-productivity firms. These findings suggest that innovation subsidies contribute to economic renewal and the …The bulk of innovation subsidies in Finland are allocated to firms in industries where the employment share of … “innovators,” i.e., workers who are specialized in R&D&I, is very high. The average subsidy per employee is typically the highest …

This paper provides new evidence on the link between finance and firm-level productivity focusing on the case of … find that financial constraints do not lower productivity for most sectors with the exception of R&D, where the dampening … effect of financial constraints on productivity is remarkably large. These results are robust to a variety of sensitivity …

. Majority of the research on public corporate funding concerning Finland focuses on R&D subsidies; there are fewer studies … covering other business subsidies and public venture capital investments. R&D subsidies have mostly positive impacts on … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of …

An 'incentive subsidy' policy for subsidizing private R & D is proposed that can be more efficient, from a social point … of view, than subsidy policies in common use such as a 'normal' subsidy policy (fixed amount granted at project start …), and conditional loans (loan is repaid only if project is profitable). The incentive subsidy compensates firms for any …

little is known about the effectiveness of such subsidies. This paper summarizes the empirical literature concerning direct … project subsidies, tax credits, and support for industrial research institutes. This helps to identify what makes government …

main focus is the direct impact of subsidies on R&D and the indirect effect on innovation output measured by patent … applications. We distinguish the productivity of purely privately financed R&D and additional R&D induced by public incentive … positive productivity. …

. Our findings suggest that the productivity gains from investments in the three innovative activities are related to firm …

Rückkehr der Industriepolitik diagnostizieren, Transfers an Unternehmen fälschlicherweise als Wiederbelebung staatlichen …

the desired objectives on input as well as output additionality. Our results show that the targeted R&D subsidies …&D investments trigger significant output effects, we find that the effect of subsidy-induced R&D investment is higher for firms that … collaborate internationally as well as for SMEs. …