(International) R&D collaboration and SMEs: The effectiveness of targeted public R&D support schemes

Hanna Hottenrott and Cindy Lopes-Bento

No 121, DICE Discussion Papers from Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)

Abstract: This study analyses the impact and effectiveness of targeted public support for R&D investment at the firm level. We test whether the policy design aiming at incentivizing (international) collaboration and R&D in SMEs achieves input as well as output additionality. Our results show that the targeted public subsidies trigger R&D spending, especially so in internationally collaborating SMEs. We further evaluate the different impact of privately financed and publicly-induced R&D investment on innovation performance. The results confirm that the publicly-induced R&D is productive as it translates into marketable product innovations. While both types of R&D investments trigger significant output effects, the effect of policyinduced R&D investment on sales from market novelties is highest for international collaborators as well as for SMEs.

Keywords: Public Innovation Policy; Subsidies; R&D; SMEs; International Collaboration; Treatment Effects (search for similar items in EconPapers)
JEL-codes: C14 C30 H23 O31 O38 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cdm, nep-cse, nep-eur, nep-ino, nep-knm, nep-pbe, nep-ppm, nep-sbm and nep-tid
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: (International) R&D collaboration and SMEs: The effectiveness of targeted public R&D support schemes (2014)
Working Paper: (International) R&D Collaboration and SMEs: The effectiveness of targeted public R&D support schemes (2012)
Working Paper: (International) R&D collaboration and SMEs: The effectiveness of targeted public R&D support schemes (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:dicedp:121

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