Russian policies in support of innovation: elusive quest for efficiency

Yuri Simachev, Mikhail Kuzyk and Vera Feygina ()

MPRA Paper from University Library of Munich, Germany

Abstract: Focused on the efficiency of the Russian innovation-fostering policy, the research is based on an empirical analysis of how policy instruments impact firms’ behavior. The data is obtained from two surveys of more than 600 Russian industrial companies in 2011-2012. The analysis shows that tax incentives are more conducive to innovations with a longer payback period, whereas public funding is more likely to facilitate launching new innovative projects. At the same time, both kinds of innovation support tools are affected by crowding out private funds by public ones. Besides, innovation policy design and administration are not friendly to young companies.

Keywords: innovation; firm behavior; tax incentives; public subsidies and grants; evaluation of government innovation policy (search for similar items in EconPapers)
JEL-codes: L20 O31 O32 O38 (search for similar items in EconPapers)
Date: 2014-01
New Economics Papers: this item is included in nep-cis, nep-cse, nep-ino, nep-knm, nep-ppm, nep-reg and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/56750/1/MPRA_paper_56750.pdf original version (application/pdf)

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:pra:mprapa:56750

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().