Academic freedom has come under growing strain across the world. To study whether and how academics react to political pressure, we exploit a natural experiment: the U.S. government's ''blacklist'' of undesirable words released in early 2025. We find that the release of this list leads to a...

Large language models (LLMs) can lower the cost of producing complex text, potentially reshaping competition for research and development (R&D) funding to private firms. We provide the first evidence on this issue using data covering the universe of firm applications to a major competitive R&D...

Focusing on the role of government industrial funds in bridging the equity gap, in this paper, we examine how the establishment of government industrial funds (GIFs) affects enterprise innovation and the underlying mechanism of the guiding and synergistic effects on social capital. By conducting...

Competitive public research funding is an important policy instrument to foster scientific progress. The effective design of such funding schemes and whether they generate knowledge spillovers to industrial inventions, however, remains debated. In this paper, we investigate the impacts of...

In the digital economy, corporate digital technology innovation is considered pivotal for reshaping industrial competitiveness and establishing national strategic advantages. Using data from China's A-share listed companies from 2007 to 2023, this study examines the influence of government...

Technology infrastructures - facilities, equipment, capabilities and resources that support the development, testing and scaling of technologies before they enter the market - are an essential element of research and innovation. Technology infrastructures primarily support industrial users,...

The Research Fund for Coal and Steel (RFCS) is a European Union fund that supports research and innovation in the coal and steel sectors. Within the coal sector, RFCS focuses on promoting a sustainable and environmentally friendly transition, supporting the development of new technologies and...

Industrial policies have been on the rise with subsidies provided to firms accounting for the lion's share of interventions. The effects of these measures on productivity, trade, investment and other economic and non-economic variables are largely an open question. This paper examines...

The 2024 assessments of the RFCS Technical Groups (TGA1-TGA5) confirm the steel sector's critical role in achieving EU climate and industrial goals. Projects demonstrate strong alignment with the European Green Deal and Clean Steel Partnership, advancing decarbonisation, circularity, and...

This paper studies the role of green research and development (R&D) subsidies under different environmental policies. Using a stylized equilibrium model calibrated to the European electricity sector, I analyze the effects of R&D subsidies under (1) an emission tax, (2) an emission cap, and (3)...

We analyze the equilibrium effects of different subsidies on target goods under both perfectly competitive and monopolistic market structures. We concentrate our analysis on three particularly common forms of subsidies: (i) a per-unit subsidy, (ii) an ad valorem subsidy, and (iii) an "inversely...

The Research Fund for Coal and Steel has made significant contributions to the European Green Deal and contributes through its steel-related research and innovation projects to the Clean Steel Partnership, the EU's new industrial strategy and the sustainable Europe investment plan. The fund's...

The purpose of this study is to examine the relationship between public opinion of science and technology (S&T), government support to the Artificial intelligence (AI) sector, and AI startups across countries. By controlling for other macro determinants of business formation and applying OLS,...

Relatively poor transfer of knowledge from higher education to the market remains a concern in Europe, universities being involved in at most 10% of all patented inventions. We examine the role of university funding in patenting, addressing three key research gaps: (i) the limited,...

This working paper aims to provide the reader with information on the topical focus of the Horizon 2020 Framework Programme, comparing the results with the topical focus at both national and regional levels worldwide. We find that there is a partial disconnect between the topics that were funded...

The objective of this paper is to gain insight in and compare the macroeconomic effects of increasing wage subsidies for researchers in Belgium in different industries. Starting from the observation that the implicit wage subsidy rate for R&D workers is not distributed evenly across industries,...

This booklet shows that the projects' results delivered in 2024 provide valuable insights and practical solutions to real-world border security challenges. SEMS4USV advances the use of sustainable energy in unmanned vehicles for maritime surveillance, SWEETIDS explores innovations in document...

This booklet shows that the projects' results delivered in 2024 provide valuable insights and practical solutions to real-world border security challenges. SEMS4USV advances the use of sustainable energy in unmanned vehicles for maritime surveillance, SWEETIDS explores innovations in document...

The Policy Support Facility (PSF) offers expert-based support to national authorities in the development and implementation of research and innovation (R&I) policy reforms. Through independent expert advice and mutual learning, the PSF enables countries to advance strategic R&I priorities and...

Research Infrastructures (RIs) are key components of Europe's knowledge system and serve a strategic purpose. In the context of the European Research Area (ERA), RIs enable excellent science, foster international collaboration, advance the digital and green transitions, and reinforce Europe's...

We analyze the equilibrium effects of different subsidies on target goods under both perfectly competitive and monopolistic market structures. We concentrate our analysis on three particularly common forms of subsidies: (i) a per-unit subsidy, (ii) an ad valorem subsidy, and (iii) an "inversely...

To counter the threat of deindustrialization due to soaring energy prices and facilitate a green transition, policymakers have devised new subsidy schemes such as the "bridge electricity price" (BEP). To analyze this, we develop a model, where the principal introduces a subsidy program to...

This article examines the relationship between the adoption of digital technologies and the corporate commitment to environmental protection, while also exploring whether this relationship is strengthened by public financial support. Using a sample of 1,616 Spanish manufacturing firms and...

The paper evaluates the impact of the European Commission's Seventh Framework Programme (FP7) grants on profit‐oriented firms' post‐treatment performance. Using a quasi‐experimental design and a dataset covering applicants from 46 countries, we find that FP7 grants increase firms' sales...