The 26th NISPAcee Annual Conference

Conference photos available

Conference photos available

In the conference participated 317 participants

Conference programme published

Almost 250 conference participants from 36 countries participated

Conference Report

The 28th NISPAcee Annual Conference cancelled

The 29th NISPAcee Annual Conference, Ljubljana, Slovenia, October 21 - October 23, 2021

The 2020 NISPAcee On-line Conference

The 30th NISPAcee Annual Conference, Bucharest, Romania, June 2 - June 4, 2022

An opportunity to learn from other researchers and other countries' experiences on certain topics.

G.A.C., Hungary, 25th Conference 2017, Kazan

Very well organised, excellent programme and fruitful discussions.

M.M.S., Slovakia, 25th Conference 2017, Kazan

The NISPAcee conference remains a very interesting conference.

M.D.V., Netherlands, 25th Conference 2017, Kazan

Thank you for the opportunity to be there, and for the work of the organisers.

D.Z., Hungary, 24th Conference 2016, Zagreb

Well organized, as always. Excellent conference topic and paper selection.

M.S., Serbia, 23rd Conference 2015, Georgia

Perfect conference. Well organised. Very informative.

M.deV., Netherlands, 22nd Conference 2014, Hungary

Excellent conference. Congratulations!

S. C., United States, 20th Conference 2012, Republic of Macedonia

Thanks for organising the pre-conference activity. I benefited significantly!

R. U., Uzbekistan, 19th Conference, Varna 2011

Each information I got, was received perfectly in time!

L. S., Latvia, 21st Conference 2013, Serbia

The Conference was very academically fruitful!

M. K., Republic of Macedonia, 20th Conference 2012, Republic of Macedonia

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 Paper/Speech Details of Conference Program  

for the  26th NISPAcee Annual Conference
  Program Overview
V. Public Finance and Management
Author(s)  Dejan Ravšelj 
  University of Ljubljana
Ljubljana  Slovenia
Aristovnik Aleksander,  
 
 Title  Public Support for R&D Investment and its Effects on Firms’ R&D Expenditures: Evidence from Slovenia
File   Paper files are available only for conference participants, please login first. 
Presenter 
Abstract  
  
Investment in research and development (R&D) represents one of the main pillars of economic growth. The important role of government is therefore to encourage companies to develop new knowledge, skills and innovations in order to achieve greater competitiveness, employment creation, and economic development. In this context, governments use different forms of public support for R&D investment, whereby the most common are R&D subsidies and R&D tax incentives. The main purpose of both public support instruments is to encourage companies to increase their R&D spending and consequently to increase their R&D activity and to improve their performance. This paper is mostly focused on R&D subsidies as a way of direct funding. The aim of this paper is twofold. First, it tries to assess the relationship between public support for R&D investment and firms’ R&D expenditures and innovation activity at the European Union (EU) regional level. Second, it attempts to establish the relationship between public support for R&D investment and firms’ overall R&D activity in Slovenia. In order to achieve this, two different datasets are analysed using an OLS regression. The results of the empirical analysis show that public support for R&D investment have a positive impact on firms’ R&D expenditures and their innovation activity at EU regional level. Moreover, the results also suggest that public support for R&D investment has a positive impact on firms’ overall R&D activity in Slovenia. The results of this paper are beneficial for both companies as well as for governments in the formulation of relevant R&D policy in the future.