Governments allocate financial resources to support small-and medium-sized enterprises
(SMEs) through public subsidies and grants. However, do these public investments help …

The worst economic crisis since the Great Depression has generated a fundamental re-
evaluation of the free-market policies that have dominated American politics for three …

Consumer preference and government subsidies are two of the key influencing factors in the
decision-making of building developers, which plays a leading role in the development of …

Low-carbon development patterns have gradually attracted more attention because of
strong shocks to society and the economy from environmental problems. Developing a low …

This study examines how state subsidies to firms affect corporate investment efficiency.
Using archival data from a sample of Chinese listed firms over the 2007–2015 period, we …

This paper analyzes empirically a public policy promoting industrial clusters in France.
Cluster policies have become popular in many countries but have not been extensively …

This paper examines the effect of R&D subsidies on labour productivity. We use firm-level
data on Finnish SMEs from 2000 to 2012 and apply a combined matching and difference-in …

This work analyses the effect of public subsidies on firms' investments and investment–cash
flow sensitivity in a longitudinal sample of 288 Italian unlisted non-venture capital backed …

Broekel T. Do cooperative research and development (R&D) subsidies stimulate regional
innovation efficiency? Evidence from Germany, Regional Studies. The subsidization of …

This paper investigates the allocation of R&D subsidies with a focus on the granting success
of firms located in clusters. On this basis it is evaluated whether firms in these clusters are …