Las ayudas a la I+D empresarial. Un an lisis sectorial
The purpose of this paper is to obtain new evidence on the efficiency of public support to business R&D with an analysis at an industry level with panel data for the Spanish case. After reviewing the empirical literature about the effects of public subsidies to private financed R&D, we carry out an applied analysis for the Spanish case in order to examine whether public R&D is a complement or a substitute for private R&D.
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