Widespread and increasing public subsidy for research and development (R&D) has given
rise to a large and growing number of evaluation studies. While economic theory identifies …

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 …

Clean energy innovation is pivotal for low-cost energy sector decarbonization. Substantial
public research and development funding is spent on energy innovation. Generating more …

This paper evaluates a unique R&D subsidy program implemented in northern Italy. Firms
were invited to submit proposals for new projects and only those which scored above a …

We empirically test whether public R&D subsidies crowd out private R&D investment in
Flanders and Germany, using firm level data from the Flemish and German part of the …

Abstract Evaluations of government Technology Development Funds (TDF) in Argentina,
Brazil, Chile and Panama are surveyed. All the evaluations were done at the recipient (firm) …

In this paper, we investigate the impact of digital finance on corporate innovation based on
Chinese A-share listed companies from 2011 to 2017. We find that digital finance has a …

Industrial clusters have attracted considerable attention worldwide for their expected
contribution to regional innovation. Recently, policymakers in various countries have …

This paper investigates the effect of government support on investment and on R&D
expenditure. The empirical analysis is based on a large representative and cross-country …

Governments often turn to subsidies to boost enterprises' innovation activities, which gives
subsidized enterprises room for allocating the subsidies among different innovation …