| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w6947 |
| 来源ID | Working Paper 6947 |
| Do Subsidies to Commercial R&D Reduce Market Failures? Microeconomic Evaluation Studies | |
| Tor Jakob Klette; Jarle Møen; Zvi Griliches | |
| 发表日期 | 1999-02-01 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | A number of market failures have been associated with R&D investments and significant amounts of public money have been spent on programs to stimulate innovative activities. In this paper, we review some recent microeconomic studies evaluating effects of government sponsored commercial R&D. We pay particular attention to the conceptual problems involved. Neither the firms receiving support, nor those not applying, constitute random samples. Furthermore, those not receiving support may be affected by the programs due to spillover effects which often are a main justification for R&D subsidies. Constructing a valid control group under these circumstances is challenging, and we relate our discussion to recent advances in econometric methods for evaluation studies based on non-experimental data. We also discuss some analytical questions that need to be addressed in order to assess whether R&D support schemes can be justified. For instance, what are the implication of firms' R&D investments being complementary to each other, and to what extent are potential R&D spillovers internalized in the market? |
| 主题 | Financial Economics ; Corporate Finance ; Development and Growth ; Growth and Productivity |
| URL | https://www.nber.org/papers/w6947 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564462 |
| 推荐引用方式 GB/T 7714 | Tor Jakob Klette,Jarle Møen,Zvi Griliches. Do Subsidies to Commercial R&D Reduce Market Failures? Microeconomic Evaluation Studies. 1999. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w6947.pdf（2150KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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