Abstract
Investment subsidies are the most popular means of public support for enterprises. However, evaluation studies measuring their net effect suggest that their effectiveness is highly debatable. The social mechanism of investment subsidies has been investigated in the article with a flexible, abductive methodological approach. Both methodological and data source triangulations have been applied: qualitative and quantitative methods deployed; and viewpoints of manifold groups (policy-makers, beneficiaries, journalists) reconstructed. The article goes beyond previous findings indicating the small net effects of intervention by investigating the social mechanism accounting for the size of the effects. It also indicates that the permanency of the programme may be explained by the analysis of the programme theories of stakeholders involved in implementation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
