R&D subsidies in permissive and restrictive environment: Evidence from Korea

• Main Authors: KOH, Yumi, LEE, Gea M.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Innovations; Patent; R&D subsidy; Regulatory environment; Utility model; WTO subsidy rules; Asian Studies; Industrial Organization; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/soe_research/2629; https://ink.library.smu.edu.sg/context/soe_research/article/3628/viewcontent/Koh.Lee.July29.2022_sv.pdf
• Institution: Singapore Management University

This paper investigates the extent to which a regulatory environment for R&D subsidies shapes the magnitude and direction of R&D subsidies set by a government and consequent innovation paths. When the WTO adopted a permissive regulatory environment, we find that the Korean government increas...