Evaluating the impact of public policies on large firms: a synthetic control approach to science-industry transfer policies

Evaluer l’impact des politiques publiques sur les grandes entreprises: une approche de contrôle synthétique des politiques de transfert science-industrie

Corinne Autant-Bernard (), Ruben Fotso and Nadine Massard
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Corinne Autant-Bernard: GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - UL2 - Université Lumière - Lyon 2 - UJM - Université Jean Monnet - Saint-Étienne - EM - EMLyon Business School - CNRS - Centre National de la Recherche Scientifique
Ruben Fotso: GATE Lyon Saint-Étienne - Groupe d'Analyse et de Théorie Economique Lyon - Saint-Etienne - UL2 - Université Lumière - Lyon 2 - UJM - Université Jean Monnet - Saint-Étienne - EM - EMLyon Business School - CNRS - Centre National de la Recherche Scientifique

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Abstract: Large firms receive the majority of public R&D funding in most countries. Due to methodological difficulties, however, evaluation of the effect of government-sponsored R&D programmes mainly focuses on small- and medium-sized enterprises. To evaluate the impact of a specific innovation policy on large firms, we propose using the synthetic control method (SCM), initially developed by Abadie et al. (2010). We apply this method to evaluate the impact of a recent French science-industry transfer initiative, inspired from other foreign policy tools, and demonstrate the relevance of the SCM compared to other evaluation methods for large firms. The SCM has the advantage of providing an individual assessment of the policy impact on each firm, revealing very heterogeneous impacts both on R&D inputs and the cooperation behaviours of firms. This study shows that the SCM opens up new perspectives for assessing the impact of policies at the firm level.

Keywords: Impact evaluation; R&D policy; Large firms; Synthetic control method; Technological Research Institutes (TRIs) (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-sbm
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Published in Revue d'économie industrielle , 2022, 4, pp.9-46. ⟨10.4000/rei.11868⟩

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Related works:
Journal Article: Evaluating the impact of public policies on large firms: a synthetic control approach to science-industry transfer policies (2022)
Working Paper: Evaluating the impact of public policies on large firms: a synthetic control approach to science industry transfer policies (2020)
Working Paper: Evaluating the impact of public policies on large firms: a synthetic control approach to science-industry transfer policies (2020)
Working Paper: Evaluating the impact of public policies on large firms: a synthetic control approach to science industry transfer policies (2020)
Working Paper: Evaluating the impact of public policies on large firms: a synthetic control approach to science industry transfer policies (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04313798

DOI: 10.4000/rei.11868

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