Alonso-Borrego, César; Galán-Zazo, José I.; … - Departamento de Economía, Universidad Carlos III de Madrid - 2012
This survey examines the empirical literature on the relationship between public R&D subsidies and private R&D investment over the past five decades. The survey reveals a considerable heterogeneity of empirical results that cannot be explained fully by methodological issues. We aim to provide...