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

• Autores: Hanna Hottenrott, Cindy Lopes-Bento
• Localización: Research Policy, ISSN-e 1873-7625, Vol. 43, Nº. 6, 2014, págs. 1055-1066
• Idioma: inglés
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• Dialnet Métricas: 6 Citas
• Resumen

  • 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 policy-induced R&D investment on sales from market novelties is highest for international collaborators as well as for SMEs