Who participates in R&D subsidy programs? The case of Spanish manufacturing firms

J. Vicente Blanes, Isabel Busom*

*Corresponding author for this work

Research output: Contribution to journalArticleResearchpeer-review

150 Citations (Scopus)

Abstract

Empirical evidence on the effectiveness of R&D subsidies to firms has produced mixed results so far. One possible explanation is that firms and project selection rules may be quite heterogeneous both across agencies and across industries, leading to different outcomes in terms of the induced additional private effort. Here we focus on the participation stage. Using a sample of Spanish firms, we test for differences across agencies and industries. Our results suggest that firms in the same industry face different hurdles to participate in different agencies' programs, that participation patterns may reflect a combination of agency goals, and that patterns differ across high-tech and low-tech industries.

Original languageAmerican English
Pages (from-to)1459-1476
Number of pages18
JournalResearch Policy
Volume33
Issue number10
DOIs
Publication statusPublished - Dec 2004

Keywords

  • Innovation
  • Program participation
  • R&D
  • Subsidies
  • Technology policy

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