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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Bibliographic Details
Main Authors: Bongsuk Sung, Dan Zhang, Sang-Do Park
Format: Article
Language:English
Published: Elsevier 2025-02-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844025007868
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