Does the effect of public support for R&D depend on the degree of appropriability?
AbstractWe explore the interaction between public support for R&D and appropriability using a dataset constructed from the Spanish Community Innovation Survey, for the period 2000–2005. We find that public support policy is less able to stimulate privately financed internal R&D in firms where appropriability mechanisms are more effective. On average, the effect of public support for R&D is three times larger for those firms reporting a level of appropriability below the median vis-à-vis those firms for which appropriability is above the median level. Furthermore, for supported firms with the highest degree of appropriability, crowding out cannot be ruled out.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/6081.
Length: 769 p.
Date of creation: Dec 2009
Date of revision:
Publication status: Published in Journal of Industrial Economics (2009-12) v.v. 57, p.736-767
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Web page: http://www.uc3m.es
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- Xulia Gonz�lez & Jordi Jaumandreu & Consuelo Pazo, 2005.
"Barriers to Innovation and Subsidy Effectiveness,"
RAND Journal of Economics,
The RAND Corporation, vol. 36(4), pages 930-949, Winter.
- Xulia González & Jordi Jaumandreu & Consuelo Pazó, 2001. "Barriers to innovation and subsidy e¤ectiveness," Working Papers 0112, Universidade de Vigo, Departamento de Economía Aplicada.
- González, X. & Jaumandreu, Jordi & Pazó, Consuelo, . "Barriers to innovation and subsidy effectiveness," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/5202, Universidad Carlos III de Madrid.
- Abraham Garcia, 2011. "The European Research Framework Programme and innovation performance of companies. An empirical impact assessment using a CDM model," JRC-IPTS Working Papers on Corporate R&D and Innovation 2011-07, Institute of Prospective Technological Studies, Joint Research Centre.
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