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2015-02-20 post date.

SE_JBEIT_14008_BACILA_The_Relationship_between_State_Aid_to_R_D_and_Patent_Applications

The Relationship between State Aid to R&D and Patent Applications in the Context of the European R&D Expenditure

The present paper aims at providing a contribution to the literature on public expenditure on R&D. According to the assumption that state aid to R&D can represent a relevant incentive for developing innovative activities, measured by patent applications, the paper provides an empirical analysis of state aid in the context of public expenditure to R&D in the EU. Based on empirical findings, the paper also proposes to establish general policy guidelines designed to improve the economic impact of public policies on R&D....
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