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The Impact of University Enterprise Incentive Program on the Performance and Technological Efforts of Brazilian Industrial Firms

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  • De Negri, JoaÞo Alberto
  • Lemos, Mauro Borges
  • De Negri, Fernanda

Abstract

This study is an unprecedented effort in Brazil to evaluate the effectiveness of public incentive programs to develop technological capacity of firms. There are currently no empirical evaluations that have explored the impacts of this type of program on the performance of the Brazilian industrial firms in greater depth, particularly for those beneficiaries of these programs. This study therefore evaluates the FNDCT's impact, particularly its cooperative modality, which comprises a joint university-enterprise project for technological innovation. The results indicate that the FNDCT has positive impacts on private R&D expenditures of beneficiary firms. This rejects the hypothesis of crowding out and strengthens the hypothesis of the existence of crowding in between public and private funds. The results on the economic performance of beneficiary firms are, however, inconclusive.

Suggested Citation

  • De Negri, JoaÞo Alberto & Lemos, Mauro Borges & De Negri, Fernanda, 2006. "The Impact of University Enterprise Incentive Program on the Performance and Technological Efforts of Brazilian Industrial Firms," IDB Publications (Working Papers) 2916, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:2916
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    Cited by:

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    3. 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.
    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. Erol Taymaz & Yeşim Üçdoğruk, 2009. "Overcoming the double hurdles to investing in technology," Small Business Economics, Springer, vol. 33(1), pages 109-128, June.
    6. Veronica González & Pablo Ibarrarán & Alessandro Maffioli & Sandra Rozo, 2009. "The Impact of Technology Adoption on Agricultural Productivity: The Case of the Dominican Republic," OVE Working Papers 0509, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
    7. Dezhina, I. & Simachev, Yu., 2013. "Matching Grants for Stimulating Partnerships between Companies and Universities in Innovation Area: Initial Effects in Russia," Journal of the New Economic Association, New Economic Association, vol. 19(3), pages 99-122.
    8. 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.
    9. Isabel Martínez Martín & Miguel Sánchez Galindo & César Pérez López & Rosa Santero Sánchez, 2019. "Evaluación del impacto del programa Redes de Innovación al Servicio de la Competitividad (RISC)," Hacienda Pública Española / Review of Public Economics, IEF, vol. 229(2), pages 59-86, June.
    10. Arias-Vazquez, Javier & Gamberoni, Elisa & Nguyen, Cuong, 2013. "A Short-Term Effect of a Better Work Programme on Firms’ Performance: Evidence from Vietnam," MPRA Paper 67475, University Library of Munich, Germany.
    11. Tulio Cravo & Caio Piza, 2016. "The Impact of Business Support Services for Small and Medium Enterprises on Firm Performance in Low -and Middle- Income Countries: A Meta-Analysis," IDB Publications (Working Papers) 94938, Inter-American Development Bank.
    12. Mario Sanginés & Joan Oriol Prats Cabrera & Carlos Pimenta & Gustavo García Osío & Juan Pablo Martínez Guzman & Mario Marcel & Pedro Farias & Gustavo Crespi & Martin D. Chrisney & Ana Corbacho, 2013. "The Fiscal Institutions of Tomorrow," IDB Publications (Books), Inter-American Development Bank, number 82298 edited by Ana Corbacho, February.
    13. Sanginés, Mario & Prats Cabrera, Joan Oriol & Pimenta, Carlos & García Osío, Gustavo & Martínez Guzman, Juan Pablo & Marcel, Mario & Farias, Pedro & Crespi, Gustavo & Chrisney, Martin D. & Corbacho, A, 2013. "The Fiscal Institutions of Tomorrow," IDB Publications (Books), Inter-American Development Bank, number 460, March.
    14. Amina Ika Micah, 2022. "Three essays on access to credit and financial shock in Nigeria," Economics PhD Theses 0422, Department of Economics, University of Sussex Business School.
    15. Diego Aboal & Gustavo Rojas & Belén Servín & Paz Queraltó, 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).
    16. Marco Carreras, 2020. "Fostering Innovation Activities with the Support of a Development Bank: Evidence from Brazil," SPRU Working Paper Series 2020-16, SPRU - Science Policy Research Unit, University of Sussex Business School.
    17. Alessandro Maffioli & Joao A. Negri & Cesar M. Rodriguez & Gonzalo Vazquez-Bare, 2017. "Themed Issue: Cash Transfers and Microfinance," Development Policy Review, Overseas Development Institute, vol. 35(5), pages 675-702, September.

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    More about this item

    Keywords

    WP-13/06;

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • 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

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