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Assessing the impact of public funds on private R&D: A comparative analysis between state and regional subsidies

Author

Listed:
  • García Quevedo , José

    (Universidad de Barcelona)

  • Afcha Chávez , Sergio

    (Universidad de Barcelona)

Abstract

This work examines the effects that R&D subsidies have on the R&D performed by the Spanish firms in the period 1998-2005. Despite the growth of empirical evidence with respect to the effects of R&D subsidies on firms’ innovative effort, few papers have established comparisons between technology policies implemented by regional and central governments. After a brief review of the existing literature, firm participation and the effects of R&D programs at regional and central level are analyzed. Empirical evidence is presented, in order to have a basis for comparison about effectiveness of the technology policies in regional and central level.

Suggested Citation

  • García Quevedo , José & Afcha Chávez , Sergio, 2009. "Assessing the impact of public funds on private R&D: A comparative analysis between state and regional subsidies," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 15, pages 277-294.
    • Handle: RePEc:ris:invreg:0098
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    More about this item

    Keywords

    R&D; subsidies; innovation policy; evaluation;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

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