The effectiveness of R&D support in Italy. Some evidence from matching methods
AbstractIn this study several matching procedures have been used to evaluate the impact of public R&D support received by Italian manufacturing firms over the three-year period 2004-2006. Data are from the Capitalia-UniCredit survey and estimations refer to a sample of 605 treated firms untreated are 2414). The evidence is mixed and depends on the objective-variable under consideration. As far as the total amount of R&D investments is concerned, the role of public support to innovation is positive and significant, while no impact has been found when considering the R&D intensity and the share of sales due to innovative-products. These differences in results are quite regular, whatever the matching method applied in the evaluation.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 53848.
Date of creation: 02 Dec 2013
Date of revision:
Publication status: Published in Risk governance & control: financial markets & institutions 4.3(2013): pp. 7-15
Policy Evaluation; R&D Investments; Innovative Sales; Matching estimators;
Find related papers by JEL classification:
- C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
- H7 - Public Economics - - State and Local Government; Intergovernmental Relations
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- L6 - Industrial Organization - - Industry Studies: Manufacturing
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-03-01 (All new papers)
- NEP-CSE-2014-03-01 (Economics of Strategic Management)
- NEP-EFF-2014-03-01 (Efficiency & Productivity)
- NEP-EUR-2014-03-01 (Microeconomic European Issues)
- NEP-INO-2014-03-01 (Innovation)
- NEP-KNM-2014-03-01 (Knowledge Management & Knowledge Economy)
- NEP-SBM-2014-03-01 (Small Business Management)
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