R&D subsidies and the performance of high-tech start-ups

Massimo G. Colombo, Luca Grilli and Samuele Murtinu

Economics Letters, 2011, vol. 112, issue 1, 97-99

Abstract: This paper addresses the question of the efficacy of R&D policy measures in support of high-tech start-ups. We show that subsidies awarded on a competitive basis lead to a positive effect, while those assigned through an automatic procedure do not.

Keywords: R&D; subsidies; High-tech; entrepreneurship; TFP (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (60)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:112:y:2011:i:1:p:97-99

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