The importance of R&D investment in explaining economic growth is well documented in the
literature. Policies by modern governments increasingly recognise the benefits of supporting …

This survey examines the empirical literature on the relationship between public R&D
subsidies and private R&D investment over the past five decades. The survey reveals a …

Intelligent manufacturing offers opportunities for green technology innovation at a low cost,
helps eliminate outdated equipment, and improves pollution efficiency, which is essential for …

The use of both research and development (R&D) and knowledge spillovers has been
identified as the source of relative innovation underperformance in Europe vis-à-vis the …

In the context of a shift towards longer-term, public-value-oriented economic thinking, there
is a real opportunity to reimagine the contracts that structure public-private relationships …

With China's tremendous economic development following its reform and opening-up, the
problem of environmental deterioration has become increasingly serious. To achieve a win …

Governments regularly subsidize new ventures to spur innovation. This paper conducts the
first large-sample, quasi-experimental evaluation of R&D subsidies. I use data on ranked …

Public R&D subsidy is a commonly adopted policy instrument to promote firms' exploratory
innovation that encourages novel knowledge learning. Under the multi-level institutional …

We study a Chinese policy that awards substantial tax cuts to firms with R&D investment
over a threshold or “notch.” Quasi-experimental variation and administrative tax data show a …

This paper evaluates the impact of an R&D subsidy program implemented in a region of
northern Italy in the early 2000s on innovation by beneficiary firms. We use a regression …