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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