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Evaluating a Program of Public Funding of Private Innovation Activities: An Econometric Study of FONTAR in Argentina

Author

Listed:
  • Chudnovsky, Daniel
  • López, Andrés
  • Rossi, Martín
  • Ubfal, Diego

Abstract

This work contains an evaluation of the Non-Reimbursable Funds (ANR) program of the Argentinean Technological Fund (FONTAR), which is managed by a federal government agency. FONTAR's objective is to fund projects presented by private firms that aim at improving their competitive performance through technological innovation activities. The main goal of this evaluation is to analyze the impact of the ANR program on the innovation activities of granted firms. A series of econometric techniques were used to identify the performance impact for firms that have received a subsidy from FONTAR on relevant outcomes, distinguishing this impact from other factors that could also be affecting the performance of a firm.

Suggested Citation

  • Chudnovsky, Daniel & López, Andrés & Rossi, Martín & Ubfal, Diego, 2006. "Evaluating a Program of Public Funding of Private Innovation Activities: An Econometric Study of FONTAR in Argentina," IDB Publications (Working Papers) 2829, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:2829
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    Cited by:

    1. Wang, Jue, 2018. "Innovation and government intervention: A comparison of Singapore and Hong Kong," Research Policy, Elsevier, vol. 47(2), pages 399-412.
    2. Caio Piza & Tulio Antonio Cravo & Linnet Taylor & Lauro Gonzalez & Isabel Musse & Isabela Furtado & Ana C. Sierra & Samer Abdelnour, 2016. "The Impact of Business Support Services for Small and Medium Enterprises on Firm Performance in Low‐ and Middle‐Income Countries: A Systematic Review," Campbell Systematic Reviews, John Wiley & Sons, vol. 12(1), pages 1-167.
    3. Cardoza, Guillermo & Fornes, Gaston & Farber, Vanina & Gonzalez Duarte, Roberto & Ruiz Gutierrez, Jaime, 2016. "Barriers and public policies affecting the international expansion of Latin American SMEs: Evidence from Brazil, Colombia, and Peru," Journal of Business Research, Elsevier, vol. 69(6), pages 2030-2039.
    4. Giuliani, Elisa & Maffioli, Alessandro & Pacheco, Manuel & Pietrobelli, Carlo & Stucchi, Rodolfo, 2014. "Evaluating the Impact of Cluster Development Programs," Papers in Innovation Studies 2014/10, Lund University, CIRCLE - Centre for Innovation Research.
    5. David Alfaro‐Serrano & Tanay Balantrapu & Ritam Chaurey & Ana Goicoechea & Eric Verhoogen, 2021. "Interventions to promote technology adoption in firms: A systematic review," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(4), December.
    6. repec:idb:brikps:460 is not listed on IDEAS
    7. Diego Aboal & Gustavo Rojas & Bel�n Serv�n & Paz Queralt�, 2019. "How Effective are Innovation Support Programs to Stimulate Innovation? Evidence from Paraguay," Documentos de Trabajo 17233, The Latin American and Caribbean Economic Association (LACEA).
    8. Bruhn, Miriam & Ortega Hernandez,Johan Andrey & Ruiz Ortega, Claudia, 2025. "Do Formal Loans Boost SME Performance ? Key Takeaways from a Meta-Analysis," Policy Research Working Paper Series 11140, The World Bank.
    9. Szczygielski, Krzysztof & Grabowski, Wojciech & Pamukcu, Mehmet Teoman & Tandogan, Vedat Sinan, 2017. "Does government support for private innovation matter? Firm-level evidence from two catching-up countries," Research Policy, Elsevier, vol. 46(1), pages 219-237.
    10. Crespi, Gustavo & Giuliodori, David & Giuliodori, Roberto & Rodriguez, Alejandro, 2016. "The effectiveness of tax incentives for R&D+i in developing countries: The case of Argentina," Research Policy, Elsevier, vol. 45(10), pages 2023-2035.
    11. Kersten, Renate & Harms, Job & Liket, Kellie & Maas, Karen, 2017. "Small Firms, large Impact? A systematic review of the SME Finance Literature," World Development, Elsevier, vol. 97(C), pages 330-348.
    12. Alberto Mendez-Morales & Carlos Yanes-Guerra, 2018. "Financial Systems and Private Innovation Activity. A Research for OECD Countries," Proceedings of the 11th International RAIS Conference, November 19-20, 2018 02AM, Research Association for Interdisciplinary Studies.
    13. Adriana Zabłocka-Abi Yaghi & Tomasz Tomaszewski, 2024. "Measuring the Impact of R&D&I Subsidies on Innovative Inputs and Outputs in Polish Manufacturing Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 3792-3823, March.
    14. Juan R. Perilla Jiménez & Thomas H. W. Ziesemer, 2024. "Technology adoption, innovation policy and catching-up," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-24, April.

    More about this item

    Keywords

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    JEL classification:

    • 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
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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