Does public financial support stimulate innovation and productivity? An impact evaluation

This paper contributes to the empirical literature that evaluates the effects of public financial support to innovation on innovation expenditures, innovation itself and productivity in developing countries. Propensity score matching techniques and data from Innovation Surveys are used to analyse th...

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Autores principales:	Aboal, Diego, Garda, Paula
Formato:	Texto
Lenguaje:	English
Publicado:	2015
Materias:	INNOVACIONES FINANCIACION SECTOR PUBLICO PRODUCTIVIDAD PAISES EN DESARROLLO EVALUACION ESTUDIOS DE CASOS INNOVATIONS FINANCING PUBLIC SECTOR PRODUCTIVITY DEVELOPING COUNTRIES EVALUATION CASE STUDIES
Acceso en línea:	http://hdl.handle.net/11362/38832
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spelling	oai-11362-388322020-03-06T16:50:27Z Does public financial support stimulate innovation and productivity? An impact evaluation Aboal, Diego Garda, Paula INNOVACIONES FINANCIACION SECTOR PUBLICO PRODUCTIVIDAD PAISES EN DESARROLLO EVALUACION ESTUDIOS DE CASOS INNOVATIONS FINANCING PUBLIC SECTOR PRODUCTIVITY DEVELOPING COUNTRIES EVALUATION CASE STUDIES This paper contributes to the empirical literature that evaluates the effects of public financial support to innovation on innovation expenditures, innovation itself and productivity in developing countries. Propensity score matching techniques and data from Innovation Surveys are used to analyse the impacts of public financial support to innovation on Uruguayan firms. The results indicate that there is no crowding-out effect of private innovation investment by public funds and that public financial support in Uruguay seems to increase private innovation expenditures. Financial support also appears to induce increased research and development expenditures and innovative sales, with these effects being greatest for service firms. Public funds do not, however, significantly stimulate private expenditures by firms that would have carried out innovation activities even in the absence of financial support. 2015-08-11T21:45:43Z 2015-08-11T21:45:43Z 2015-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/38832 LC/G.2636-P 3 en CEPAL Review CEPAL Review 115 .pdf application/pdf URUGUAY URUGUAY
institution	Cepal
collection	Cepal
language	English
topic	INNOVACIONES FINANCIACION SECTOR PUBLICO PRODUCTIVIDAD PAISES EN DESARROLLO EVALUACION ESTUDIOS DE CASOS INNOVATIONS FINANCING PUBLIC SECTOR PRODUCTIVITY DEVELOPING COUNTRIES EVALUATION CASE STUDIES
spellingShingle	INNOVACIONES FINANCIACION SECTOR PUBLICO PRODUCTIVIDAD PAISES EN DESARROLLO EVALUACION ESTUDIOS DE CASOS INNOVATIONS FINANCING PUBLIC SECTOR PRODUCTIVITY DEVELOPING COUNTRIES EVALUATION CASE STUDIES Aboal, Diego Garda, Paula Does public financial support stimulate innovation and productivity? An impact evaluation
description	This paper contributes to the empirical literature that evaluates the effects of public financial support to innovation on innovation expenditures, innovation itself and productivity in developing countries. Propensity score matching techniques and data from Innovation Surveys are used to analyse the impacts of public financial support to innovation on Uruguayan firms. The results indicate that there is no crowding-out effect of private innovation investment by public funds and that public financial support in Uruguay seems to increase private innovation expenditures. Financial support also appears to induce increased research and development expenditures and innovative sales, with these effects being greatest for service firms. Public funds do not, however, significantly stimulate private expenditures by firms that would have carried out innovation activities even in the absence of financial support.
format	Texto
author	Aboal, Diego Garda, Paula
author_facet	Aboal, Diego Garda, Paula
author_sort	Aboal, Diego
title	Does public financial support stimulate innovation and productivity? An impact evaluation
title_short	Does public financial support stimulate innovation and productivity? An impact evaluation
title_full	Does public financial support stimulate innovation and productivity? An impact evaluation
title_fullStr	Does public financial support stimulate innovation and productivity? An impact evaluation
title_full_unstemmed	Does public financial support stimulate innovation and productivity? An impact evaluation
title_sort	does public financial support stimulate innovation and productivity? an impact evaluation
publishDate	2015
url	http://hdl.handle.net/11362/38832
work_keys_str_mv	AT aboaldiego doespublicfinancialsupportstimulateinnovationandproductivityanimpactevaluation AT gardapaula doespublicfinancialsupportstimulateinnovationandproductivityanimpactevaluation
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Does public financial support stimulate innovation and productivity? An impact evaluation

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