Public support to firm-level innovation: An evaluation of the FONTAR program
Abstract: This paper studies the impact of non-refundable grants (NRG) of the Argentinean Technological Fund (FONTAR) on firms’ innovative efforts and performance. We use a panel database of 954 firms that applied for public support to innovate during the period 2007-2013. Using a differen...
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| Lenguaje: | English |
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Universidad de Chile. Departamento de Economía
2018
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oai:scielo:S0718-528620180002002512019-03-27Public support to firm-level innovation: An evaluation of the FONTAR programPereira,MarianoMartínez Correa,JuliánScattolo,Gabriel Innovation impact evaluation Argentina Abstract: This paper studies the impact of non-refundable grants (NRG) of the Argentinean Technological Fund (FONTAR) on firms’ innovative efforts and performance. We use a panel database of 954 firms that applied for public support to innovate during the period 2007-2013. Using a difference-in-differences approach, our results show that the NRG have a positive effect on firms’ innovative intensity, considering both the innovation activities to sales ratio and R&D to sales ratio. These remain robust to alternative definitions of control group and the outcome variable. Analysis of heterogeneous effects reveals that the impact was exclusively concentrated on small and young firms.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.45 n.2 20182018-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862018000200251en10.4067/S0718-52862018000200251 |
| institution |
Scielo Chile |
| collection |
Scielo Chile |
| language |
English |
| topic |
Innovation impact evaluation Argentina |
| spellingShingle |
Innovation impact evaluation Argentina Pereira,Mariano Martínez Correa,Julián Scattolo,Gabriel Public support to firm-level innovation: An evaluation of the FONTAR program |
| description |
Abstract: This paper studies the impact of non-refundable grants (NRG) of the Argentinean Technological Fund (FONTAR) on firms’ innovative efforts and performance. We use a panel database of 954 firms that applied for public support to innovate during the period 2007-2013. Using a difference-in-differences approach, our results show that the NRG have a positive effect on firms’ innovative intensity, considering both the innovation activities to sales ratio and R&D to sales ratio. These remain robust to alternative definitions of control group and the outcome variable. Analysis of heterogeneous effects reveals that the impact was exclusively concentrated on small and young firms. |
| author |
Pereira,Mariano Martínez Correa,Julián Scattolo,Gabriel |
| author_facet |
Pereira,Mariano Martínez Correa,Julián Scattolo,Gabriel |
| author_sort |
Pereira,Mariano |
| title |
Public support to firm-level innovation: An evaluation of the FONTAR program |
| title_short |
Public support to firm-level innovation: An evaluation of the FONTAR program |
| title_full |
Public support to firm-level innovation: An evaluation of the FONTAR program |
| title_fullStr |
Public support to firm-level innovation: An evaluation of the FONTAR program |
| title_full_unstemmed |
Public support to firm-level innovation: An evaluation of the FONTAR program |
| title_sort |
public support to firm-level innovation: an evaluation of the fontar program |
| publisher |
Universidad de Chile. Departamento de Economía |
| publishDate |
2018 |
| url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862018000200251 |
| work_keys_str_mv |
AT pereiramariano publicsupporttofirmlevelinnovationanevaluationofthefontarprogram AT martinezcorreajulian publicsupporttofirmlevelinnovationanevaluationofthefontarprogram AT scattologabriel publicsupporttofirmlevelinnovationanevaluationofthefontarprogram |
| _version_ |
1714205052381429760 |