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Research literature, 1 records found
Research literature 1 records found  
1.
73 p, 401.7 KB Sunk costs, extensive R&D subsidies and permanent inducement effects / Arqué Castells, Pere (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada) ; Mohnen, Pierre A. (University of Maastricht) ; Xarxa de Referència en Economia Aplicada (XREAP)
We study whether there is scope for using subsidies to smooth out barriers to R&D performance and expand the share of R&D firms in Spain. We consider a dynamic model with sunk entry costs in which firms' optimal participation strategy is defined in terms of two subsidy thresholds that characterise entry and continuation. [...]
Xarxa de Referència en Economia Aplicada (XREAP) 2012 (XREAP ; 2012-10)  

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