Title: Subsidizing R&D cooperatives
Authors: Hinloopen, Jeroen # ×
Issue Date: Sep-2001
Publisher: Kluwer academic publ
Series Title: Economist-netherlands vol:149 issue:3 pages:313-345
Abstract: A framework is developed with which the implementation of two commonly used R&D-stimulating policies can be evaluated: providing R&D subsidies and sustaining the formation of R&D cooperatives. Subsidized R&D cooperatives can also be analyzed. The analysis shows that providing R&D subsidies is more effective in raising private R&D investments than sustaining R&D cooperatives. Moreover, optimally subsidizing cooperative R&D or noncooperative R&D leads to the same level of R&D activity. Sustaining R&D cooperatives thus appears to be a redundant industrial policy, all else equal.
ISSN: 0013-063X
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Non-KU Leuven Association publications
× corresponding author
# (joint) last author

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