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- W1500661287 abstract "In evaluating the effect of an R&D subsidy we need to know what the subsidized firm would have spent on R&D had it not received the subsidy. Using data on Israeli manufacturing firms in the 1990s we find evidence suggesting that the R&D subsidies granted by the Ministry of Industry and Trade greatly stimulated company financed R&D expenditures for small firms but had a negative effect on the R&D of large firms, although not statistically significant. One subsidized New Israeli Shekel (NIS) induces 11 additional NIS of own R&D for the small firms. However, because most subsidies go to the large firms a subsidy of one NIS generates, on average, a statistically insignificant 0.23 additional NIS of company financed R&D." @default.
- W1500661287 created "2016-06-24" @default.
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- W1500661287 date "2000-10-01" @default.
- W1500661287 modified "2023-10-16" @default.
- W1500661287 title "Do R&D Subsidies Stimulate or Displace Private R&D? Evidence from Israel" @default.
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- W1500661287 doi "https://doi.org/10.3386/w7943" @default.
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