Regional Effects of Publicly Sponsored R&D Grants on SME Performance

Patrik Gustavsson Tingvall () and Josefin Videnord ()
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Patrik Gustavsson Tingvall: The Ratio Institute, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden, http://ratio.se/medarbetare/patrik-gustavsson-tingvall/
Josefin Videnord: The Ratio Institite, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden, http://ratio.se/medarbetare/josefin-videnord/

No 289, Ratio Working Papers from The Ratio Institute

Abstract: This paper explores regional variation in the effects of publicly sponsored R&D grants on SME performance. The results suggest that there is no guarantee that the grants will impact firm growth, either positive or negative. Studying the heterogeneity of the results, positive growth effects are most likely to be found for publicly sponsored R&D grants targeting SMEs located in regions abundant with skilled labor, whereas the opposite is found for SMEs located in regions with a limited supply of skilled workers.

Keywords: R&D grants; SME; Economic growth; Regional growth; Selective policies (search for similar items in EconPapers)
JEL-codes: H81 O18 O38 O40 R11 R58 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2017-04-18
New Economics Papers: this item is included in nep-eff, nep-ent, nep-eur, nep-geo, nep-ino, nep-sbm, nep-tid and nep-ure
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