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| Type | Working Paper |
| Scope | Discipline-based scholarship |
| Title | (International) R&D Collaboration and SMEs: The effectiveness of targeted public R&D support schemes. |
| Organization Unit |
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| Authors |
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| Language |
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| Institution | University of Leuven |
| Series Name | ZEW Discussion Paper No. 12-086, Mannheim; CEPS Working Paper No. 2012-36, Esch-sur-Alzette, Luxembourg |
| Number | 12-086 |
| Number of Pages | 35 |
| Date | 2013 |
| Abstract Text | 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 policy-induced R&D investment on sales from market novelties is highest for international collaborators as well as for SMEs. |
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