• Corporate returns to subsidized R&D projects: Direct grants vs tax credit financing 

      Møen, Jarle (Discussion paper;9/18, Working paper, 2018-05-31)
      According to theory, direct R&D grants should be used for projects with low private returns, high social returns and high risk. R&D tax credits, on the other hand, allow firms to choose projects freely according to their ...
    • Estimating the additionality of R&D subsidies using proposal evaluation data to control for research intentions 

      Henningsen, Morten; Hægeland, Torbjørn; Møen, Jarle (Discussion paper;18/14, Working paper, 2014-04)
      Empirical examination of whether R&D subsidies crowd out private investments has been hampered by selection problems. A particular worry is that project quality and research intentions may be correlated with the likelihood ...
    • Evaluation of the Norwegian R&D tax credit scheme 

      Cappelen, Ådne; Fjærli, Erik; Foyn, Frank; Hægeland, Torbjørn; Møen, Jarle; Raknerud, Arvid; Rybalka, Marina (Working paper, Working paper, 2010-08)
      We find that the Norwegian R&D tax credit scheme introduced in 2002 mainly works as intended. The scheme is cost-effective and it is used by a large number of firms. It stimulates these firms to invest more in R&D, and, ...
    • Evaluation of the Norwegian R&D tax credit scheme 

      Møen, Jarle; Cappelen, Ådne; Fjærli, Erik; Foyn, Frank; Hægeland, Torbjørn; Raknerud, Arvid; Rybalka, Marina (Journal article; Peer reviewed, 2010)
      We find that the Norwegian R&D tax credit scheme introduced in 2002 mainly works as intended. The scheme is costeffective and it is used by a large number of firms. It stimulates these firms to invest more in R&D, and, ...
    • Losers, winners and prisoner's dilemma in international subsidy wars 

      Pires, Armando José Garcia (Discussion paper, Working paper, 2006-10)
      Two central results in the strategic trade literature are that governments shall support winners and that there is a policy prisoner dilemma in international subsidy wars (i.e.: countries have incentives to support local ...
    • Losers, winners and prisoner’s dilemma in international subsidy wars 

      Pires, Armando José Garcia (Working paper, Working paper, 2006-10)
      Two central results in the strategic trade literature are that governments shall support winners and that there is a prisoner’s dilemma in international subsidy wars (i.e.: countries have incentives to support local firms ...
    • R & D investment responses to R & D subsidies : a theoretical analysis and a microeconometric study 

      Klette, Tor Jakob; Møen, Jarle (Discussion paper;2011:15, Working paper, 2011-09)
      Subsidies to the Norwegian high-tech industries have traditionally been given as matching grants , i.e. the subsidies are targeted, and the firms have to contribute a 50 % own risk capital to the subsidized projects. ...
    • R&D investment responses to R&D subsidies : a theoretical analysis and a microeconometric study 

      Klette, Tor Jakob; Møen, Jarle (Working paper, Working paper, 2010-08)
      Whereas many countries subsidize R&D in private companies through tax credits, subsidies to the Norwegian high-tech industries have traditionally been given as matching grants, i.e. the subsidies are targeted, and the firms ...