Abstract
This paper addresses the question of the efficacy of R&D policy measures in support of high-tech startups.
We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned
through an automatic procedure do not.
Original language | English |
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Pages (from-to) | 97-99 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 112 |
DOIs | |
Publication status | Published - 2011 |
Externally published | Yes |
Keywords
- High-tech entrepreneurship
- R&D subsidies
- TFP