Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy

Innovation and Technology policies provide positive incentives to the firms to perform R&D activities. This article examines the decision of internal and external R&D expenditures of subsidized firms, estimating the impact of R&D subsidies on firms performing different innovation strateg...

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Autor principal: Afcha,Sergio
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2012
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242012000300006
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spelling oai:scielo:S0718-272420120003000062014-09-11Analyzing the Interaction between R&D Subsidies and Firm’s Innovation StrategyAfcha,Sergio innovation strategy policy evaluation R & D subsidies treatment effects model internal-external R & D Innovation and Technology policies provide positive incentives to the firms to perform R&D activities. This article examines the decision of internal and external R&D expenditures of subsidized firms, estimating the impact of R&D subsidies on firms performing different innovation strategies. The Spanish survey on business strategy for manufacturing firms (ESEE) is used for the period 1998-2005. Results show that determinants of pure internal or external R&D expenditures obey to different motivations, affecting in consequence, the impact of the subsidies on firms adopting different sources of knowledge.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.7 n.3 20122012-10-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242012000300006en10.4067/S0718-27242012000300006
institution Scielo Chile
collection Scielo Chile
language English
topic innovation strategy
policy evaluation
R & D subsidies
treatment effects model
internal-external R & D
spellingShingle innovation strategy
policy evaluation
R & D subsidies
treatment effects model
internal-external R & D
Afcha,Sergio
Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy
description Innovation and Technology policies provide positive incentives to the firms to perform R&D activities. This article examines the decision of internal and external R&D expenditures of subsidized firms, estimating the impact of R&D subsidies on firms performing different innovation strategies. The Spanish survey on business strategy for manufacturing firms (ESEE) is used for the period 1998-2005. Results show that determinants of pure internal or external R&D expenditures obey to different motivations, affecting in consequence, the impact of the subsidies on firms adopting different sources of knowledge.
author Afcha,Sergio
author_facet Afcha,Sergio
author_sort Afcha,Sergio
title Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy
title_short Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy
title_full Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy
title_fullStr Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy
title_full_unstemmed Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy
title_sort analyzing the interaction between r&d subsidies and firm’s innovation strategy
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2012
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242012000300006
work_keys_str_mv AT afchasergio analyzingtheinteractionbetweenrdsubsidiesandfirm8217sinnovationstrategy
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