THE IMPLICATIONS OF STATE AID TO RnD ON ECONOMIC DEVELOPMENT IN THE EUROPEAN UNION
In economic terms, the importance of state aid policy refers to the maintaining of an undistorted competition and the correction of inherent “market failures†which may occur in the economy, aiming at increasing economic efficiency, based on the traditional assumption that an effective co...
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| Format: | Article |
| Language: | deu |
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University of Oradea
2012-07-01
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| Series: | Annals of the University of Oradea: Economic Science |
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| Online Access: | http://anale.steconomiceuoradea.ro/volume/2012/n1/012.pdf |