Assessing the impact of public funds on private R&D: A comparative analysis between state and regional subsidies

José García
Sergio Afcha

2009
Article

Abstract:

This work examines the effects that R&D subsidies have on the R&D performed by the Spanish firms in the period 1998-2005. Despite the growth of empirical evidence with respect to the effects of R&D subsidies on firms’ innovative effort, few papers have established comparisons between technology policies implemented by regional and central governments. After a brief review of the existing literature, firm participation and the effects of R&D programs at regional and central level are analyzed. Empirical evidence is presented, in order to have a basis for comparison about effectiveness of the technology policies in regional and central level.

 

Reference:

García, J.; Afcha, S. (2009): El impacto del apoyo público a la I+D empresarial: Un análisis comparativo entre las subvenciones estatales y las regionales, Investigaciones Regionales, 15, pp. 277-294.