Public R&D support, innovation, and spillovers: A dynamic spatial panel approach to firms
From the perspective of a heterogeneous firm framework, we investigate the direct and spillover effects of public research and development (R&D) subsidies, firm heterogeneity, and external factors on innovation. Our analysis is based on panel data from manufacturing firms in Korea. We find three...
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Main Authors: | Bongsuk Sung, Dan Zhang, Sang-Do Park |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2025-02-01
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Series: | Heliyon |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844025007868 |
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