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Is Technology Policy Practised as It Is Preached

Author

Listed:
  • Petri Rouvinen

    (The Research Institute of the Finnish Economy, Finland)

Abstract

The second Finnish Community Innovation Survey is used to study whether the technology policy practice was consistent with the official rhetoric in the mid 1990s. Findings suggest that a firmʼs likelihood of receiving public R&D support increases with outside collaboration, the ability to benefit from inward spillovers, and R&D-intensity. There is some indication that the likelihood also increases with size and employeesʼ formal education. It is confirmed that Tekes promotes cooperation and networking, conducts its mission selectively, and facilitates the exchange of knowledge. It is, however, not found that it would particularly focus on small and medium-sized enterprises or new firms.

Suggested Citation

  • Petri Rouvinen, 2004. "Is Technology Policy Practised as It Is Preached," Finnish Economic Papers, Finnish Economic Association, vol. 17(2), pages 51-62, Autumn.
    • Handle: RePEc:fep:journl:v:17:y:2004:i:2:p:51-62
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    File URL: http://www.taloustieteellinenyhdistys.fi/images/stories/fep/fep22004_rouvinen.pdf
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    References listed on IDEAS

    as
    1. Bronwyn H. Hall, 2002. "The Assessment: Technology Policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(1), pages 1-9, Spring.
    2. Lahiri, Kajal & Schmidt, Peter, 1978. "On the Estimation of Triangular Structural Systems," Econometrica, Econometric Society, vol. 46(5), pages 1217-1221, September.
    3. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    4. Loren Yager & Rachel Schmidt, 1997. "The Advanced Technology Program," Books, American Enterprise Institute, number 53571, September.
    5. Klette, Tor Jakob & Moen, Jarle & Griliches, Zvi, 2000. "Do subsidies to commercial R&D reduce market failures? Microeconometric evaluation studies1," Research Policy, Elsevier, vol. 29(4-5), pages 471-495, April.
    6. Bertschek, Irene & Lechner, Michael, 1998. "Convenient estimators for the panel probit model," Journal of Econometrics, Elsevier, vol. 87(2), pages 329-371, September.
    7. Rouvinen, Petri, 1999. "Characteristics of Product and Process Innovators among Finnish Manufacturing Firms," Discussion Papers 690, The Research Institute of the Finnish Economy.
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    Cited by:

    1. Hyytinen, Ari & Väänänen, Lotta, 2002. "Government Funding of Small and Medium-sized Enterprises in Finland," Discussion Papers 832, The Research Institute of the Finnish Economy.

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    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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