The Effects of Regional R&D Subsidies on Innovative SME: Evidence from Aquitaine SMEs

Nicolas Bédu and Alexis Vanderstocken

Cahiers du GREThA (2007-2019) from Groupe de Recherche en Economie Théorique et Appliquée (GREThA)

Abstract: Many studies have looked at the effectiveness of public schemes supporting private R&D but few have highlighted the role regions play in R&D funding. The present article assesses the R&D support package developed in the Aquitaine, France’s number one region in terms of proportion of budget spent on innovation. Its findings show that regional subsidies have induced local SMEs to increase their R&D resources and accelerate their expansion. More broadly, the article enhances understanding of the determinants explaining the effectiveness of public actions supporting private R&D.

Keywords: SME; R&D subsidies; regional Science and Technology policy; public policy evaluation. (search for similar items in EconPapers)
JEL-codes: H71 O3 R11 R58 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cse, nep-ent, nep-eur, nep-geo, nep-ino and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:grt:wpegrt:2015-13

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