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Direct linkNemet, Gregory F. – Journal of Policy Analysis and Management, 2012
This study empirically examines a prominent justification for public subsidies of emerging technologies: that stimulating demand for them provides opportunities for learning by doing. Even if firms learn from their experience, subsidies are still second best to pricing negative externalities if firms can appropriate the benefits of learning. I…
Descriptors: Experiential Learning, Grants, Technological Advancement, Technology Transfer
