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来源类型Working Paper
规范类型报告
DOI10.3386/w13835
来源IDWorking Paper 13835
Evaluating the Impact of Technology Development Funds in Emerging Economies: Evidence from Latin America
Bronwyn H. Hall; Alessandro Maffioli
发表日期2008-03-07
出版年2008
语种英语
摘要Evaluations of government Technology Development Funds (TDF) in Argentina, Brazil, Chile and Panama are surveyed. All the evaluations were done at the recipient (firm) level using data from innovation surveys, industrial surveys, and administrative records of the granting units, together with quasi-experimental econometric techniques to minimize the effects of any selection bias. TDF effectiveness is found to depend on the financing mechanism used, on the presence of non-financial constraints, on firm-university interaction, and on the characteristics of the target beneficiaries. Four levels of potential impact were considered: R&D input additionality, behavioural additionality, increases in innovative output, and improvements in performance. The evidence suggests that TDF do not crowd out private investment and that they positively affect R&D intensity. In addition, participation in TDF induces a more proactive attitude of beneficiary firms towards innovation activities. However, the analysis does not find much statistically significant impact on patents or new product sales and the evidence on firm performance is mixed, with positive results in terms of firm growth, but little corresponding positive impact on measures of firm productivity, possibly because the horizon over which the evaluation was conducted was too short.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w13835
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571510
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Bronwyn H. Hall,Alessandro Maffioli. Evaluating the Impact of Technology Development Funds in Emerging Economies: Evidence from Latin America. 2008.
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