Arbeitspapier

(International) R&D collaboration and SMEs: The effectiveness of targeted public R&D support schemes

This study analyses the impact and effectiveness of targeted public support for R&D investment at the firm level. We test whether the policy design aiming at incentivizing (international) collaboration and R&D in SMEs achieves input as well as output additionality. Our results show that the targeted public subsidies trigger R&D spending, especially so in internationally collaborating SMEs. We further evaluate the different impact of privately financed and publicly-induced R&D investment on innovation performance. The results confirm that the publicly-induced R&D is productive as it translates into marketable product innovations. While both types of R&D investments trigger significant output effects, the effect of policyinduced R&D investment on sales from market novelties is highest for international collaborators as well as for SMEs.

ISBN
978-3-86304-120-5
Language
Englisch

Bibliographic citation
Series: DICE Discussion Paper ; No. 121

Classification
Wirtschaft
Semiparametric and Nonparametric Methods: General
Multiple or Simultaneous Equation Models; Multiple Variables: General
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Innovation and Invention: Processes and Incentives
Technological Change: Government Policy
Subject
Public Innovation Policy
Subsidies
R&D
SMEs
International Collaboration
Treatment Effects

Event
Geistige Schöpfung
(who)
Hottenrott, Hanna
Lopes-Bento, Cindy
Event
Veröffentlichung
(who)
Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
(where)
Düsseldorf
(when)
2013

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hottenrott, Hanna
  • Lopes-Bento, Cindy
  • Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)

Time of origin

  • 2013

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