This paper provides new empirical evidence about the impact of technological policies upon firms' innovative behavior. We take into consideration the role of R&D subsidies and Innovative Public Procurement. While the former policy tool has been both extensively discussed in the literature and empirically investigated, the latter is a growing trend, which still lacks robust empirical evidence. In this paper, we replicate existing results on R\&D subsidies, we surmise fresh empirical evidence on the outcome of innovative public procurement, and we address the issue of a possible interaction among the two tools. When controlling for this interaction of public procurement, R\&D subsidies cease to be as effective as reported in previous studies. Innovative public procurement seems to be more effective than R\&D subsidies. Evidence suggests that the two policies provide the highest impact when they interact.
"Innovative Procurement and R&D Subsidies: confounding effect and new empirical evidence on technological policies in a quasi-experimental setting".
GUERZONI, Marco;RAITERI, EMILIO
2012-01-01
Abstract
This paper provides new empirical evidence about the impact of technological policies upon firms' innovative behavior. We take into consideration the role of R&D subsidies and Innovative Public Procurement. While the former policy tool has been both extensively discussed in the literature and empirically investigated, the latter is a growing trend, which still lacks robust empirical evidence. In this paper, we replicate existing results on R\&D subsidies, we surmise fresh empirical evidence on the outcome of innovative public procurement, and we address the issue of a possible interaction among the two tools. When controlling for this interaction of public procurement, R\&D subsidies cease to be as effective as reported in previous studies. Innovative public procurement seems to be more effective than R\&D subsidies. Evidence suggests that the two policies provide the highest impact when they interact.File | Dimensione | Formato | |
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