Description
By Petr Hanel
This paper investigates the extent to which considerations of inappropriability, a form of market failure, guide federal support to private industrial R&D in Canada. Statistics of the overall allocation of subsidies between grants and tax credits show little evidence at an inappropriability rationale. Econometric analysis of grant distributions, using a recently proposed operational concept of inappropriability, supports this conclusion at an aggregate level, but gives different results when a particular grant program is probed.
page: 204 – 226
Prometheus: Critical Studies in Innovation
Volume 10, Issue 2
SKU: 0810-90288629109