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...

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Detalles Bibliográficos
Autores: Herrera, Liliana, Bravo Ibarra, Edna
Tipo de recurso: artículo
Fecha de publicación:2010
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2099/9369
Acceso en línea:https://hdl.handle.net/2099/9369
Access Level:acceso abierto
Palabra clave:Subsidies
R&D subsidies
Innovation policy
Firm size
Propensity score matching
Subvencions
Àrees temàtiques de la UPC::Economia i organització d'empreses::Gestió i direcció::Recursos humans
Àrees temàtiques de la UPC::Economia i organització d'empreses::Competitivitat i innovació
Descripción
Sumario: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.