Determinants of grant decisions in R&D subsidy programmes: Evidence from firms and S&T organisations in Portugal
Ana M. Silva,
Sandra T. Silva and
Anabela Carneiro
Science and Public Policy, 2017, vol. 44, issue 5, 683-697
Abstract:
While public intervention in Research and Development (R&D) is generally supported by economic theory and R&D subsidies are being implemented in most OECD countries, evidence on their effectiveness fails to reveal conclusive results. Exploring data from approved and rejected applicants to two R&D funding instruments in Portugal, we provide further evidence on R&D subsidy programmes directed to firms and S&T organisations, by identifying the determinants of grant decisions by the public agency. The results show that subsidies to firms are mainly aimed at large R&D projects by manufacturing firms, in both high- and low-technology sectors. Subsidies to S&T organisations show a higher degree of selectivity, targeting mainly universities and premium public research centres, and favouring R&D projects in exact sciences and engineering and cooperation projects. The subsidy allocation process in Portugal presents distinctive features in line with its status of an innovation follower country.
Keywords: R&D; innovation policy; subsidy allocation (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
http://hdl.handle.net/10.1093/scipol/scx002 (application/pdf)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:scippl:v:44:y:2017:i:5:p:683-697.
Access Statistics for this article
Science and Public Policy is currently edited by Nicoletta Corrocher, Jeong-Dong Lee, Mireille Matt and Nicholas Vonortas
More articles in Science and Public Policy from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().