dc.contributor |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.contributor.author |
Duch Brown, Néstor |
dc.contributor.author |
García Quevedo, José, 1963- |
dc.contributor.author |
Montolio, Daniel |
dc.date.accessioned |
2011-06-14T12:11:47Z |
dc.date.accessioned |
2021-01-20T16:45:06Z |
dc.date.available |
2011-06-14T12:11:47Z |
dc.date.available |
2021-01-20T16:45:06Z |
dc.date.created |
2011-06 |
dc.date.issued |
2011-06 |
dc.identifier.uri |
http://hdl.handle.net/2072/152092 |
dc.format.extent |
45 p. |
dc.format.extent |
273779 bytes |
dc.format.mimetype |
application/pdf |
dc.language.iso |
eng |
dc.publisher |
Xarxa de Referència en Economia Aplicada (XREAP) |
dc.relation.ispartofseries |
XREAP; 2011-09 |
dc.rights |
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i la xarxa i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/) |
dc.subject |
Government policy |
dc.subject |
Subsidies |
dc.subject |
Enterprises |
dc.subject |
Industrial research |
dc.subject.other |
Política pública |
dc.subject.other |
Subvencions |
dc.subject.other |
Empreses |
dc.subject.other |
Recerca industrial |
dc.title |
The link between public support and private R&D effort: What is the optimal subsidy? |
dc.type |
info:eu-repo/semantics/workingPaper |
dc.subject.udc |
332 - Economia regional i territorial. Economia del sòl i de la vivenda |
dc.subject.udc |
334 - Formes d'organització i cooperació en l'economia |
dc.description.abstract |
The effectiveness of R&D subsidies can vary substantially depending on their characteristics. Specifically, the amount and intensity of such subsidies are crucial issues in the design of public schemes supporting private R&D. Public agencies determine the intensities of R&D subsidies for firms in line with their eligibility criteria, although assessing the effects of R&D projects accurately is far from straightforward. The main aim of this paper is to examine whether there is an optimal intensity for R&D subsidies through an analysis of their impact on private R&D effort. We examine the decisions of a public agency to grant subsidies taking into account not only the characteristics of the firms but also, as few previous studies have done to date, those of the R&D projects. In determining the optimal subsidy we use both parametric and nonparametric techniques. The results show a non-linear relationship between the percentage of subsidy received and the firms’ R&D effort. These results have implications for technology policy, particularly for the design of R&D subsidies that ensure enhanced effectiveness. |