Incorporating innovation subsidies in the CDM framework: empirical evidence from Belgium

被引：18
|
作者：
Czarnitzki, Dirk [1 ,2 ,3 ]
Delanote, Julie [1 ,2 ]
机构：
[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat, Leuven, Belgium
[2] Katholieke Univ Leuven, Ctr R&D Monitoring ECOOM, Leuven, Belgium
[3] ZEW, Mannheim, Germany
来源：
ECONOMICS OF INNOVATION AND NEW TECHNOLOGY | 2017年 / 26卷 / 1-2期
关键词：
CDM model; R&D; subsidies; innovation policy; RESEARCH-AND-DEVELOPMENT; PUBLIC SUBSIDIES; FIRM LEVEL; PRODUCTIVITY; GOVERNMENT; STIMULATE; GROWTH; OUTPUT;
D O I：
10.1080/10438599.2016.1202514
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper integrates innovation input and output effects of R&D subsidies into a modified Crpon-Duguet-Mairesse (CDM) model. Our results largely confirm insights of the input additionality literature, i.e. public subsidies complement private R&D investment. In addition, results point to positive output effects of both purely privately funded and subsidy-induced R&D. Furthermore, we do not find evidence of a premium or discount of subsidy-induced R&D in terms of its marginal contribution on new product sales when compared to purely privately financed R&D.
引用
收藏
页码：78 / 92
页数：15
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