R&D grants and R&D tax credits to foreign-owned subsidiaries: Does supporting multinational enterprises' R&D pay off in terms of firm performance improvements for the host economy?
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The subsidiaries of foreign-owned multinational firms make significant contributions to national Research and Development (R&D) in many host countries. Policymakers in host countries often support subsidiaries' R&D efforts, through R&D grants and R&D tax credi... ...
