Good value for public money? The case of R&D policy

被引：16

作者：

Aiello, Francesco ^{[1
]}

Albanese, Giuseppe ^{[2
]}

Piselli, Paolo ^{[3
]}

机构：

[1] Univ Calabria, Dept Econ Stat & Finance Giovanni Anania, Cosenza, Italy

[2] Bank Italy, Catanzaro Branch, Catanzaro, Italy

[3] Bank Italy, Directorate Gen Econ Stat & Res, Struct Econ Anal Directorate, Econ Hist & Hist Arch Div, Rome, Italy

来源：

JOURNAL OF POLICY MODELING | 2019年 / 41卷 / 06期

关键词：

Patents; R&D support; Policy evaluation; SMEs; DEVELOPMENT TAX CREDITS; DEVELOPMENT SUBSIDIES; DEVELOPMENT INVESTMENT; INNOVATION; INCENTIVES; FIRMS; PERFORMANCE; PRODUCTIVITY; PERSISTENCE; EMPLOYMENT;

D O I：

10.1016/j.jpolmod.2019.02.006

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper evaluates the role of public R&D support on Italian manufacturing SMEs' innovation activities, focusing on innovation output rather than innovation input. Combining information from EPO records and the Capitalia survey, the new data set enables a counterfactual assessment of R&D policy from 2001 to 2003 (2009 is the final year of the post-treatment period). We find that publicly supported firms have higher R&D expenditure regardless of their characteristics, confirming a strong additionality effect of public policies on innovation inputs. However, this additional spending does not increase firms' probability of patenting or the number of patents in comparison with privately financed R&D. (C) 2019 The Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.

引用

页码：1057 / 1076

页数：20

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