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 language | English |
|---|---|
| Article number | 2019-2 |
| Journal | Economics |
| Volume | 13 |
| DOIs | |
| Publication status | Published - 2019 |
| Externally published | Yes |
Keywords
- Complement effect
- Industry competition
- R&D subsidy
- Threshold regression
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