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- W2159266502 abstract "For decades, policy makers in both the public and private sectors have been concerned with the question: What is the impact of changes in federal R and D support on company-financed R and D expenditures? This is one of the first empirical studies at a micro level of this topic. The results, which pertain to energy R and D, indicate a complementarity between government-financed and company-financed R and D, on the average, although there is a considerable amount of interfirm variation in this regard. In about one-third of the projects studied, federally-financed R and D projects suggested some further R and D into which the firm invested its own funds. The results of a logit analysis suggest that whether or not a government-financed R and D project results in such a spinoff depends on the extent to which the performing firm contributes to the formulation of the project’s goals and strategies." @default.
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- W2159266502 date "1984-05-01" @default.
- W2159266502 modified "2023-09-27" @default.
- W2159266502 title "Effects of Federal Support on Company-Financed R and D: The Case of Energy" @default.
- W2159266502 doi "https://doi.org/10.1287/mnsc.30.5.562" @default.
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