Industrial R&D Policy in Norway: Who Gets the Funding and What are the Effects?
Industrial R&D Policy in Norway: Who Gets the Funding and What are the Effects?
This chapter presents an empirical analysis of contemporary Norwegian innovation policy with a particular emphasis on research and development (R&D). It investigates whether and to what extent the ‘national champions' strategy’ identified in the historical analysis in Chapter 4 persists in more recent policymaking. In the analysis, it is found that national champions are more inclined to get access to both development and research subsidies from Norwegian technology programs. The results also suggest that subsidies for ‘research’ within firms increase firm-financed R&D spending while subsidies for ‘development’ substitute such R&D.
Keywords: innovation policy, subsidies, CIS data, policymaking
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