The Effect of R&D Subsidies on Private R&D
利用爱尔兰制造业企业数据，发现国内企业的小额补贴能促进私人研发支出，但大额补贴可能挤出私人资金；外资企业则无显著影响。
This paper investigates the relationship between government support for R&D and R&D expenditure financed privately by firms using a comprehensive plant level data set for the manufacturing sector in the Republic of Ireland. We find that for domestic plants small grants serve to increase private R&D spending, while too large a grant may crowd out private financing of R&D. In contrast, evidence for foreign establishments suggests that grant provision causes neither additionality nor crowding out effects of private R&D financing, regardless of the size of the subsidy.