Are Firms That Received R&D Subsidies More Innovative?
AbstractThis paper looks at the effectiveness of R&D grants for Canadian plants that already benefit from R&D tax credits. Using a non-parametric matching estimator, we find that firms that benefited from both policy measures introduced more new products than their counterparts that only benefited from R&D tax incentives. They also made more world-first product innovations and were more successful in commercializing their innovations. Cette étude examine l’efficacité des subventions à la recherche-développement pour les établissements canadiens qui bénéficient déjà de crédits d’impôt à la recherche. En utilisant un estimateur non-paramétrique d’appariement, nous trouvons que les établissements qui bénéficient des deux mesures de soutien à la recherche introduisent plus de nouveaux produits sur le marché que ceux qui ne bénéficient que des crédits d’impôt. Ils réussissent aussi à mettre plus de premières mondiales sur le marché et à mieux commercialiser leurs nouveaux produits.
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Bibliographic InfoPaper provided by CIRANO in its series CIRANO Working Papers with number 2007s-13.
Date of creation: 01 May 2007
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Innovations; R&D; matching estimators; R&D tax credits; R&D grants; innovations; R-D; estimateur d’appariement; crédits d’impôt à la recherche; subventions à la recherche;
Other versions of this item:
- Charles Bérubé & Pierre Mohnen, 2009. "Are firms that receive R&D subsidies more innovative?," Canadian Journal of Economics, Canadian Economics Association, vol. 42(1), pages 206-225, February.
- Mohnen, Pierre & Bérubé, Charles, 2007. "Are Firms That Received R&D Subsidies More Innovative?," UNU-MERIT Working Paper Series 015, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
- H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
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- Marco Corsino & Roberto Gabriele & Anna Giunta, 2012. "R&D Incentives: The Effectiveness Of A Place-Based Policy," Departmental Working Papers of Economics - University 'Roma Tre' 0169, Department of Economics - University Roma Tre.
- Giovanni Cerulli & Bianca Poti', 2008. "Evaluating the Effect of Public Subsidies on firm R&D activity: an Application to Italy Using the Community Innovation Survey," CERIS Working Paper 200809, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
- Alessandra Catozzella & Marco Vivarelli, 2011. "Assessing the Impact of Public Support on Innovative Productivity," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1177, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
- Baghana, Rufin, 2010. "Public R&D Subsidies and Productivity: Evidence from Firm-Level Data in Quebec," UNU-MERIT Working Paper Series 055, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
- Catozzella, Alessandra & Vivarelli, Marco, 2011. "Beyond Additionality: Are Innovation Subsidies Counterproductive?," IZA Discussion Papers 5746, Institute for the Study of Labor (IZA).
- Daria Ciriaci, 2011. "Design and European firms’ innovative performance: Evidence from European CIS non anonymous data," JRC-IPTS Working Papers on Corporate R&D and Innovation 2011-08, Institute of Prospective Technological Studies, Joint Research Centre.
- Daria Ciriaci, 2011. "Intangible resources: the relevance of training for European firms’ innovative performance," JRC-IPTS Working Papers on Corporate R&D and Innovation 2011-06, Institute of Prospective Technological Studies, Joint Research Centre.
- Gustavo A. Crespi & Alessandro Maffioli & Pierre Mohnen & Gonzalo Vázquez, 2011. "Evaluating the Impact of Science, Technology and Innovation Programs: a Methodological Toolkit," SPD Working Papers 1104, Inter-American Development Bank, Office of Strategic Planning and Development Effectiveness (SPD).
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