Public support to firm-level innovation: An evaluation of the FONTAR program

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Estudios de Economía ; ISSN: 0718-5286 ; Volume: 45 ; Year: 2018 ; Issue: 2 ; Pages: 251-269 ; Santiago de Chile: Universidad de Chile, Departamento de Economía

Classification and Topics

• Classification: Wirtschaft ; Management of Technological Innovation and R&D ; Technological Change: Government Policy ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
• Subject: Innovation ; impact evaluation ; Argentina

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Pereira, Mariano ; Martínez Correa, Julián ; Scattolo, Gabriel
• Event: Veröffentlichung
• (who): Universidad de Chile, Departamento de Economía
• (where): Santiago de Chile
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/194268
• Last update: 10.03.2025, 11:44 AM CET