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R&D subsidies and the performance of high-tech start-ups

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  • Colombo, Massimo G.
  • Grilli, Luca
  • Murtinu, Samuele

Abstract

This paper addresses the question of the efficacy of R&D policy measures in support of high-tech start-ups. We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned through an automatic procedure do not.

Suggested Citation

  • Colombo, Massimo G. & Grilli, Luca & Murtinu, Samuele, 2011. "R&D subsidies and the performance of high-tech start-ups," Economics Letters, Elsevier, vol. 112(1), pages 97-99, July.
    • Handle: RePEc:eee:ecolet:v:112:y:2011:i:1:p:97-99
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    References listed on IDEAS

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