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Title:Public funding of R&D and growth: Firm-level evidence from Finland PDF Logo
Authors:Piekkola, Hannu
Issue Date:2005
Series/Report no.:ETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 996
Abstract:This study considers employment and productivity growth generated by the public funding of R&D using linked employer-employee data in Finland. Public subsidies, instrumented by available public R&D funding in the industry/region, have a positive effect on productivity growth in small and medium-sized firms and in firms close to the top of their field in productivity.
Subjects:R&D, public expenditures, endogenous growth, linked employer-employee data
JEL:O30
O32
O40
O52
R11
Document Type:Working Paper
Appears in Collections:ETLA Discussion Papers, Research Institute of the Finnish Economy

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