Public aids towards born global firms: a diagnostic on the French economy

Flora Bellone (), Sophie Pommet and Catherine Laffineur
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Flora Bellone: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur
Sophie Pommet: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur

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Abstract: Public investment banks aim to promote the growth of newly established firms, especially those that are the most innovative. An important policy challenge for such banks is to determine the extent to which and by what means they should support the rapid and early internationalization of these recently founded companies. To guide practitioners' resource allocation decisions, this paper employs a unique dataset that combines comprehensive information on both the production and export activities of newly established French manufacturing firms over the period 1998-2015 and on a variety of public support instruments allocated to those firms by Bpifrance, i.e., the French public investment bank.

Keywords: Born global; Firm-level data; Public investment bank; Export premia; Subsidies; Loans (search for similar items in EconPapers)
Date: 2020-12-08
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Published in L'évaluation des Politiques Publiques, AFSE-DG Tresor, Dec 2020, Paris, France

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03086401

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