Are R&D subsidies effective? The effect of industry competition
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2019, vol. 13, No 2019-2, 17 pages
In this study, the author explores the effect of industry competition on public R&D subsidy effectiveness. He finds a non-linear threshold effect of industry competition on R&D subsidy effectiveness. Specifically, R&D subsidy effectiveness reaches its peak when industry competition lies between two estimated thresholds.
Keywords: industry competition; R&D subsidy; complement effect; threshold regression (search for similar items in EconPapers)
JEL-codes: G31 G38 H25 L11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifweej:20192
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