EconPapers    
Economics at your fingertips  
 

The effects of R&D subsidies and publicly performed R&D on business R&D: A survey

Thomas Ziesemer ()

No 2019-036, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: This literature review shows that a majority of studies finds complementarity of R&D subsidies and tax credits with private R&D expenditures. A non-negligible minority finds incomplete crowding out. Full crowding out is found only for small parts of the respective samples or small sub-sectors of the economy under consideration. Education R&D and publicly performed R&D stimulate private R&D according to a small literature. We focus on the exceptions from these dominant results. The controversies concern firm size, interaction of policy instruments, and effectiveness of parts of publicly performed R&D. There are important suggestions for future research derived from our literature review: (i) use of dynamic models with adequate time lags, (ii) explaining effects of country and firm heterogeneity.

Keywords: Research & development; business R&D; subsidies; public R&D (search for similar items in EconPapers)
JEL-codes: H25 O38 (search for similar items in EconPapers)
Date: 2019-09-24
New Economics Papers: this item is included in nep-cse, nep-ind, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
https://www.merit.unu.edu/publications/wppdf/2019/wp2019-036.pdf (application/pdf)

Related works:
Journal Article: The Effects of R&D Subsidies and Publicly Performed R&D on Business R&D: A Survey (2021) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2019036

Access Statistics for this paper

More papers in MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) Contact information at EDIRC.
Bibliographic data for series maintained by Ad Notten ().

 
Page updated 2021-07-11
Handle: RePEc:unm:unumer:2019036