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Contribution Details

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
  • Contribution from another University/Organization than University of Zurich
  • Hanna Hottenrott
  • Cindy Lopes-Bento
  • English
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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