Distribution and effect of R D subsidies: A comparative analysis according to firm size

This study considers the relationship between the size of the firm and innovation policy. The study includes a joint analysis of distribution and the effect of R&D subsidies on inputs and outputs of the innovation process of small and medium enterprises (SMEs) and large firms. Although size has...

Full description

Saved in:
Bibliographic Details
Published inIntangible capital Vol. 6; no. 2; pp. 272 - 299
Main Authors Lliana Herrera, Edna R. Bravo Ibarra
Format Journal Article
LanguageCatalan
Published OmniaScience 01.10.2010
Subjects
R&D, R&D subsidies, innovation policy, firm size, propensity score matching
Online AccessGet full text

Cover

More Information
Summary:This study considers the relationship between the size of the firm and innovation policy. The study includes a joint analysis of distribution and the effect of R&D subsidies on inputs and outputs of the innovation process of small and medium enterprises (SMEs) and large firms. Although size has a significant, positive influence on firms’ propensity to obtain R&D subsidies, large firms do not always show the strongest effects and in some cases such an effect is not significant. The study likewise concludes that subsidies are effective in increasing the inputs to the innovation process of SMEs and the outputs of large firms. One must consider these differences when evaluating and designing future innovation policies.
ISSN:1697-9818
DOI:10.3926/ic.214