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Innovation capabilities in the private sector: evaluating subsidies for hiring s&t workers in Spain

Catalina Martínez, Laura Cruz-Castro and Luis Sanz-Menéndez

No 1510, Working Papers from Instituto de Políticas y Bienes Públicos (IPP), CSIC

Abstract: This paper evaluates the effectiveness of a public programme intended to improve innovation capabilities in the private sector by subsidizing the hiring of R&D personnel. Using information from the programme management database, we study factors associated with the duration of contracts and their transformation into open-ended contracts, a basic aim of the programme. We explore the characteristics of subsidies, individuals, entities and projects related to the eventual stabilization of the new R&D employees, when the subsidies had ended. The programme was found to strengthen R&D capacity in recipient firms - above all in technology centres - yet only about half of the subsidized short term contracts had been converted into permanent contracts by the end of their second year.

Keywords: Programme evaluation; company R&D and innovation; S&T employment; innovation policy; Spain (search for similar items in EconPapers)
JEL-codes: H43 H83 O31 O38 Z18 (search for similar items in EconPapers)
Date: 2015-11
New Economics Papers: this item is included in nep-cse, nep-ino and nep-ppm
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http://investigacion.cchs.csic.es/RePEc/ipp/wpaper ... 2015-10_martinez.pdf (application/pdf)

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Journal Article: Innovation capabilities in the private sector: evaluating subsidies for hiring S&T workers in Spain (2016) Downloads
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