IDEAS home Printed from https://ideas.repec.org/a/nse/ecosta/ecostat_2023_540_3.html
   My bibliography  Save this article

Public Aid and the Performance of Born Globals

Author

Listed:
  • Flora Bellone
  • Catherine Laffineur
  • Sophie Pommet

Abstract

[eng] Analyses of born-global firms have not yet provided a comprehensive picture of the role of public aid in supporting those firms that specifically seek to internationalize early and intensively. To fill this gap, this paper uses a unique dataset that combines comprehensive infor-mation about both the production and export activities of newly established French manufacturing firms and a variety of public support instruments allocated to those firms by Bpifrance, the French public investment bank. Our key result is that French born globals are less likely than their more traditional exporting counterparts to receive public aid dedicated to generally sup¬port their investment projects. By contrast, they are as or more likely to receive public aids specifically dedicated to support their innovation and internationalization projects. We also show that the returns on aid dedicated to investment projects are especially high for born globals. We conclude that there is room to improve the allocative efficiency of public support towards born-global firms.

Suggested Citation

  • Flora Bellone & Catherine Laffineur & Sophie Pommet, 2023. "Public Aid and the Performance of Born Globals," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 540, pages 43-60.
    • Handle: RePEc:nse:ecosta:ecostat_2023_540_3
    DOI: https://doi.org/10.24187/ecostat.2023.540.2102
    as

    Download full text from publisher

    File URL: https://www.insee.fr/en/statistiques/fichier/7661150/03_ES540_Bellone-et-al_EN.pdf
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.24187/ecostat.2023.540.2102?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nse:ecosta:ecostat_2023_540_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Veronique Egloff (email available below). General contact details of provider: https://edirc.repec.org/data/inseefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.