Public Aid for Born Globals: A Diagnostic for the French Economy

Flora Bellone (), Catherine Laffineur and Sophie Pommet

No 2020-44, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France

Abstract: Public investment banks aim to promote the growth of newly established firms, especially those that are the most innovative. An important policy challenge for such banks is to determine the extent to which and by what means they should support the rapid and early internationalization of these recently founded companies. To guide practitioners’ resource allocation decisions, this paper employs a unique dataset that combines comprehensive information on both the production and export activities of newly established French manufacturing firms over the period 1998-2015 and on a variety of public support instruments allocated to those firms by Bpifrance, i.e., the French public investment bank.

Keywords: Born global; Firm-level data; Public investment bank; Export premia; Subsidies; Loans (search for similar items in EconPapers)
JEL-codes: F14 G24 L25 M13 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2020-11
New Economics Papers: this item is included in nep-fdg and nep-sbm
Note: To request an electronic copy of this paper, please email the author at catherine.laffineur@univ-cotedazur.fr
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Persistent link: https://EconPapers.repec.org/RePEc:gre:wpaper:2020-44

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