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WHO PARTICIPATES IN R&D SUBSIDY PROGRAMS?. The case of Spanish Manufacturing Firms

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Author Info

  • J. Vicente Blanes

    (Universidad Pablo de Olavide)

  • Isabel Busom

    ()
    (Departament d'Economia Aplicada, Universitat Autonoma de Barcelona.)

Abstract

Empirical evidence on the effectiveness of R&D subsidies to firms has produced mixed results so far. One possible explanation is that firms and project selection rules may be quite heterogeneous both across agencies and across industries, leading to different outcomes in terms of the induced additional private effort. Here we focus on the participation stage. Using a sample of Spanish firms, we test for differences across agencies and industries. Our results suggest that firms in the same industry face different hurdles to participate in different agencies’ programs, that participation patterns may reflect a combination of agency goals, and that patterns differ across high-tech and low-tech industries.

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File URL: http://www.ecap.uab.es/RePEc/doc/wpdea0407.pdf
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Bibliographic Info

Paper provided by Department of Applied Economics at Universitat Autonoma of Barcelona in its series Working Papers with number wpdea0407.

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Length: 48 pages
Date of creation: Aug 2004
Date of revision:
Handle: RePEc:uab:wprdea:wpdea0407

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Keywords: R&D; subsidies; technology policy; program participation; innovation.;

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