Analyzing the Interaction between R&D Subsidies and Firm’s Innovation Strategy

Afcha, Sergio Moises ^[1]
1. [1] Universitat de Barcelona
  
  Universitat de Barcelona
  
  Barcelona, España
Localización: Journal of Technology Management & Innovation, ISSN-e 0718-2724, Vol. 7, Nº. 3, 2012, págs. 57-70
Idioma: inglés
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Resumen
- Innovation and Technology policies provide positive incentives to the firms to perform R&D activities. This article examines the decision of internal and external R&D expenditures of subsidized firms, estimating the impact of R&D subsidies on firms performing different innovation strategies. The Spanish survey on business strategy for manufacturing firms (ESEE) is used for the period 1998-2005. Results show that determinants of pure internal or external R&D expenditures obey to different motivations, affecting in consequence, the impact of the subsidies on firms adopting different sources of knowledge.