R&D Subsidies and Multinational Firm Ownership

被引：2
|
作者：
Gretz, Richard T. [1 ]
Highfill, Jannett [1 ]
Scott, Robert C. [1 ]
机构：
[1] Bradley Univ, Peoria, IL 61625 USA
来源：
GLOBAL ECONOMY JOURNAL | 2007年 / 7卷 / 01期
关键词：
ATP; Advanced Technology Program; NIST; National Institute of Standards and Technology;
D O I：
10.2202/1524-5861.1248
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Most industrialized countries subsidize private sector R&D, even under some circumstances when the firm is owned by foreigners. The present paper, using a simple theoretical analysis of a monopoly firm selling only to the U.S. market, argues that such subsidies are welfare enhancing-as long, of course-as the funding agency chooses the projects it funds wisely. The paper suggests that a subsidy rate of 50% might be warranted under some circumstances.
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页数：46
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