Who Participates in R&D Subsidy Programs? The Case of Spanish Manufacturing Firms

35 Pages Posted: 22 Apr 2004

See all articles by Isabel Busom

Isabel Busom

Universitat Autonoma de Barcelona

José Vicente Blanes

Universidad Pablo de Olavide - Economia y Empresa

Date Written: April 22, 2004

Abstract

Use of R&D subsidies to encourage private R&D activities is expanding in OECD countries. Empirical evidence on their effectiveness has produced mixed results so far. One possible explanation is that firms and project selection rules may be in practice quite heterogeneous both across agencies and across industries, leading to different outcomes in terms of the induced additional private effort. Here we focus on the participation stage, estimating the determinants of firm participation in different R&D subsidy programs. Using a sample of Spanish firms, we test for differences across agencies and industries. Our results suggest (i) that firms in the same industry face different hurdles to participate in different agencies' programs, (ii) participation patterns may reflect a combination of agency goals, and (iii) patterns differ across high-tech and low-tech industries.

Keywords: R&D subsidies, program participation, innovation

JEL Classification: L52, O31, O38

Suggested Citation

Busom, Isabel and Blanes, José Vicente, Who Participates in R&D Subsidy Programs? The Case of Spanish Manufacturing Firms (April 22, 2004). Available at SSRN: https://ssrn.com/abstract=534266 or http://dx.doi.org/10.2139/ssrn.534266

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)

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)

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