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The impact of national research funds: A regression discontinuity approach to the Chilean FONDECYT

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  • Benavente, José Miguel
  • Crespi, Gustavo
  • Figal Garone, Lucas
  • Maffioli, Alessandro

Abstract

This paper analyses the role of national research funds in promoting scientific production in emerging economies. The study focuses on the impact of the Chilean National Science and Technology Research Fund (FONDECYT). The analysis uses data drawn from international sources of bibliometric information combined with the administrative records of the program's executing unit. To measure the program's impact, we implement a regression discontinuity (RD) design on principal researchers who applied for funding between 1988 and 1997 considering as outcomes both quantity (publications up to 2002) and quality (citations up to 2005) of their scientific production. Our results show significant and positive impact in terms of publications, but no impact in terms of quality of scientific production in the proximity of the program's threshold ranking.

Suggested Citation

  • Benavente, José Miguel & Crespi, Gustavo & Figal Garone, Lucas & Maffioli, Alessandro, 2012. "The impact of national research funds: A regression discontinuity approach to the Chilean FONDECYT," Research Policy, Elsevier, vol. 41(8), pages 1461-1475.
  • Handle: RePEc:eee:respol:v:41:y:2012:i:8:p:1461-1475 DOI: 10.1016/j.respol.2012.04.007
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    Cited by:

    1. Morten Henningsen & Torbjørn Hægeland & Jarle Møen, 2015. "Estimating the additionality of R&D subsidies using proposal evaluation data to control for research intentions," The Journal of Technology Transfer, Springer, vol. 40(2), pages 227-251, April.
    2. repec:eee:finana:v:53:y:2017:i:c:p:37-47 is not listed on IDEAS
    3. Berlemann, Michael & Haucap, Justus, 2015. "Which factors drive the decision to opt out of individual research rankings? An empirical study of academic resistance to change," Research Policy, Elsevier, vol. 44(5), pages 1108-1115.
    4. Victoria Castillo & Lucas Figal Garone & Alessandro Maffioli & Moira Ohaco, 2016. "Asistencias técnicas y competitividad de las MiPyMEs: Evidencia para Argentina," IDB Publications (Working Papers) 96960, Inter-American Development Bank.
    5. repec:idb:idbbks:7705 is not listed on IDEAS
    6. repec:eee:infome:v:11:y:2017:i:2:p:423-434 is not listed on IDEAS
    7. José Ignacio Rivero, 2015. "Impact of Incubation on Innovative Firms," Documentos de Trabajo (working papers) 0315, Department of Economics - dECON.
    8. Hottenrott, Hanna & Lawson, Cornelia, 2013. "Fishing for Complementarities: Competitive Research Funding and Research Productivity," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201318, University of Turin.
    9. Lucas Figal Garone & Alessandro Maffioli & Joao Negri & Cesar Rodriguez & Gonzalo Vázquez-Baré, 2015. "Cluster development policy, SME’s performance, and spillovers: evidence from Brazil," Small Business Economics, Springer, vol. 44(4), pages 925-948, April.
    10. Bloch, Carter & Sørensen, Mads P. & Graversen, Ebbe K. & Schneider, Jesper W. & Schmidt, Evanthia Kalpazidou & Aagaard, Kaare & Mejlgaard, Niels, 2014. "Developing a methodology to assess the impact of research grant funding: A mixed methods approach," Evaluation and Program Planning, Elsevier, vol. 43(C), pages 105-117.
    11. Banal-Estañol, Albert & Jofre-Bonet, Mireia & Lawson, Cornelia, 2015. "The double-edged sword of industry collaboration: Evidence from engineering academics in the UK," Research Policy, Elsevier, vol. 44(6), pages 1160-1175.
    12. Aboal, Diego & Tacsir, Ezequiel, 2016. "The impact of ex-ante subsidies to researchers on researcher's productivity: Evidence from a developing country," MERIT Working Papers 019, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    13. Makkonen, Teemu, 2013. "Government science and technology budgets in times of crisis," Research Policy, Elsevier, vol. 42(3), pages 817-822.
    14. Federico Bernini & Lucas Figal Garone & Alessandro Maffioli, 2017. "Certificación internacional de calidad: ¿Señalizando a quién?: Impacto en el desempeño de empresas en Argentina," IDB Publications (Working Papers) 97438, Inter-American Development Bank.
    15. Park, Hyunwoo & Lee, Jeongsik (Jay) & Kim, Byung-Cheol, 2015. "Project selection in NIH: A natural experiment from ARRA," Research Policy, Elsevier, vol. 44(6), pages 1145-1159.

    More about this item

    Keywords

    FONDECYT; Chile; Economics of Science; Scientific grants; Regression-discontinuity design; Policy evaluation;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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