Are R&D subsidies effective? The effect of industry competition

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3 Citations (Scopus)

Abstract

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.

Original languageEnglish
Article number2019-2
JournalEconomics
Volume13
DOIs
Publication statusPublished - 2019
Externally publishedYes

Keywords

  • Complement effect
  • Industry competition
  • R&D subsidy
  • Threshold regression

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