Participation in R&D Subsidy Programs: Who Gets the Money? The Case of Spanish Manufacturing Firms

FEDEA Working Paper No. EEE164

36 Pages Posted: 15 Nov 2003

See all articles by José Vicente Blanes

José Vicente Blanes

Universidad Pablo de Olavide - Economia y Empresa

Isabel Busom

Universitat Autonoma de Barcelona

Date Written: September 2003

Abstract

In many OECD countries several public agencies are involved in granting some form of R&D subsidy to firms. Empirical work on the effects that subsidies have on firm behavior and performance has produced mixed evidence. We focus on the firm participation stage in R&D subsidy programs in order to study the extent of heterogeneity across agencies and across industries. We use a sample of Spanish manufacturing firms to analyze how some firm characteristics affect the likelihood of participating in R&D subsidy programs of regional and national level agencies. Results suggest that firms in the same industry face different hurdles to participate in different agencies' programs.

Keywords: R&D, R&D subsidies, technology policy, innovation

JEL Classification: L52, O31, O38

Suggested Citation

Blanes, José Vicente and Busom, Isabel, Participation in R&D Subsidy Programs: Who Gets the Money? The Case of Spanish Manufacturing Firms (September 2003). FEDEA Working Paper No. EEE164, Available at SSRN: https://ssrn.com/abstract=455180 or http://dx.doi.org/10.2139/ssrn.455180

José Vicente Blanes

Universidad Pablo de Olavide - Economia y Empresa

Ctra. Utrera, Km.1
Sevilla, Seville 41010
Spain
34 954 34 98 52 (Phone)
34 954 34 93 39 (Fax)

Isabel Busom (Contact Author)

Universitat Autonoma de Barcelona ( email )

Departament d'Economia Aplicada
Edifici B - Campus UAB
08193 Bellaterra
Spain
+34 935 81 22 06 (Phone)
+34 935 81 22 92 (Fax)

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