Are Firms That Received R&D Subsidies More Innovative?

Charles Bérubé and Pierre Mohnen

CIRANO Working Papers from CIRANO

Abstract: This paper looks at the effectiveness of R&D grants for Canadian plants that already benefit from R&D tax credits. Using a non-parametric matching estimator, we find that firms that benefited from both policy measures introduced more new products than their counterparts that only benefited from R&D tax incentives. They also made more world-first product innovations and were more successful in commercializing their innovations. Cette étude examine l'efficacité des subventions à la recherche-développement pour les établissements canadiens qui bénéficient déjà de crédits d'impôt à la recherche. En utilisant un estimateur non-paramétrique d'appariement, nous trouvons que les établissements qui bénéficient des deux mesures de soutien à la recherche introduisent plus de nouveaux produits sur le marché que ceux qui ne bénéficient que des crédits d'impôt. Ils réussissent aussi à mettre plus de premières mondiales sur le marché et à mieux commercialiser leurs nouveaux produits.

Keywords: Innovations; R&D; matching estimators; R&D tax credits; R&D grants; innovations; R-D; estimateur d'appariement; crédits d'impôt à la recherche; subventions à la recherche (search for similar items in EconPapers)
JEL-codes: C14 C25 H25 H32 O38 (search for similar items in EconPapers)
Date: 2007-05-01
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Citations: View citations in EconPapers (13)

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https://cirano.qc.ca/files/publications/2007s-13.pdf

Related works:
Journal Article: Are firms that receive R&D subsidies more innovative? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:cir:cirwor:2007s-13

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